Capital Accounts, Dividends, and Retirement of Shares | Midpage

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Maryland Code

Corporations and Associations

3

Capital Accounts, Dividends, and Retirement of Shares

State of Maryland

2-301Distribution 2-302Corporate record 2-303Computation of stated capital and capital surplus 2-304Permitted uses of capital surplus 2-305Charges and expenses of organization 2-306Retirement of shares, other reductions 2-307Repealed by Acts 1980, c. 296, eff. July 1, 1980 2-308Uses of surplus 2-309Distributions; dividends; stock splits 2-310Reduction of authorized shares 2-310.1Open-end company, share redemption 2-310.2Investment companies; holding shares of stock 2-311Limitations on distributions 2-312Liability for distributions 2-313Corporate statement of affairs 2-314Transferred to § 2-313 by Acts 1988, c. 280, § 2, eff. July 1, 1988 2-315Repealed by Acts 1988, c. 280, § 1, eff. July 1, 1988; Acts 1988, c. 281, § 1, eff. July 1, 1988 2-316Repealed by Acts 1988, c. 280, § 1, eff. July 1, 1988; Acts 1988, c. 281, § 1, eff. July 1, 1988