Md. Code Ann., Ins. § 8-410 – Formation of society | Midpage

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Maryland Code

§ 8-410

Md. Code Ann., Ins. § 8-410

Formation of society

Effective Oct 1, 1997Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997.State of Maryland

(a) Seven or more individuals, acting as incorporators, may form a society under this subtitle.
(b)
1. (1) Each incorporator of a society must be a citizen of the United States.
2. (2) A majority of the incorporators must be citizens of the State.

Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997.