Md. Code Ann., Corps. & Ass'ns § 5-6C-05
References to corporation as benefit corporation
Effective Oct 1, 2010Added by Acts 2010, c. 97, § 1, eff. Oct. 1, 2010; Acts 2010, c. 98, § 1, eff. Oct. 1, 2010.State of Maryland
- (1) At the head of the charter document in which the election to be a benefit corporation is made;
- (2) At the head of each subsequent charter document of the benefit corporation; and
- (3) On each certificate representing outstanding stock of the benefit corporation.
Clear reference to the fact that a corporation is a benefit corporation shall appear prominently:
Added by Acts 2010, c. 97, § 1, eff. Oct. 1, 2010; Acts 2010, c. 98, § 1, eff. Oct. 1, 2010.