Maryland Statutes
§ 11-406
Maryland § 11-406
This text of Maryland § 11-406 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Human Services § 11-406 (2026).
Text
On the liquidation, dissolution, or winding up of the Corporation, after payment of the obligations and liabilities of the Corporation, all of the assets of the Corporation shall be transferred to one or more corporations or associations that:
(1)have a character or purpose similar to the Corporation’s;
(2)are selected by the Board; and
(3)qualify under § 501(c)(3) of the Internal Revenue Code.
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Bluebook (online)
Maryland § 11-406, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/ghu/11-406.