Maryland Statutes

§ 11-405

Maryland·Article ghu Human Services·Title 11
(a)(1) This subsection does not apply to reasonable compensation paid for services rendered to or for the Corporation.
(2)Net earnings of the Corporation may not inure to the benefit of any individual.
(b)An individual may not share in the distribution of corporate assets on dissolution of the Corporation.

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Nearby Sections

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§ 11-101
§ 11-101
§ 11-102
§ 11-102
§ 11-201
§ 11-201
§ 11-202
§ 11-202
§ 11-203
§ 11-203
§ 11-204
§ 11-204
§ 11-205
§ 11-205
§ 11-206
§ 11-206
§ 11-207
§ 11-207
§ 11-208
§ 11-208
§ 11-301
§ 11-301
§ 11-302
§ 11-302
§ 11-303
§ 11-303
§ 11-304
§ 11-304
§ 11-401
§ 11-401
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