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Session Laws, 1975
Volume 716, Page 1518   View pdf image
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1518

LAWS OF MARYLAND

[Ch. 311

the definition of "person" in §1-101 of this
article would include these terms.

In subsections (d) (1) and (d) (2) of this
section, the phrase "and the proceedings shall
be conducted in accordance with... rules of
court" is deleted as unnecessary, since in any
event, the rule of procedure and rules of
court would apply.

The only other changes are in style.

GENERAL REVISOR'S NOTE;

In revising this title, the Commission to Revise the
Annotated Code concluded that the second paragraph of
present Art. 23, §48 is unnecessary in light of the
provisions of §10—101 of the Courts and Judicial
Proceedings Article governing the admissability of
business records. Accordingly, that paragraph is
proposed for repeal. The provisions of the first
paragraph of Art. 23, relating to bylaws in general, now
appear in §2—109 of this article.

The Commission concluded that the provisions of Art.
23, §130(b) and (c) relating to the disposition of fees
collected by the Department of Assessments and Taxation
should be retained in Article 23 for eventual transfer to
either the State and Local Government Article or the
Taxation and Revenue Article. In this regard, see
revisor's note to §1—203 of this title.

TITLE 2. CORPORATIONS IN GENERAL—FORMATION,
ORGANIZATION, AND OPERATION.

SUBTITLE 1. FORMATION AND POWERS.

2-101. PURPOSE FOR WHICH CORPORATION MAY BE FORMED;
LIMITATION.

(A)   PURPOSES FOR WHICH A CORPORATION MAY BE FORMED.

EXCEPT AS OTHERWISE EXPRESSLY PROVIDED BY LAW, A
CORPORATION MAY BE FORMED UNDER THIS [[ARTICLE]] TITLE
FOR ANY LAWFUL PURPOSES.

(B)   APPLICATION OF OTHER STATUTES.

IF THE PURPOSE FOR WHICH A CORPORATION IS ORGANIZED
OR ITS FORM MAKES IT SUBJECT TO A SPECIAL PROVISION OF
LAW, THE CORPORATION ALSO SHALL COMPLY WITH THAT
PROVISION.

REVISOR'S NOTE: This section is new language derived

 

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Session Laws, 1975
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