1522

LAWS OF MARYLAND

[Ch. 311

REVISOR'S NOTE:      The introductory language of this

section is     new language derived without

substantive   change by combining Art. 23, §9(a)
and (b).

The enumerated powers     presently appear as

items (1) through (14)      of Art. 23, §9(a).

Items (5) and (13) of   Â§9(a) have been broken
down to form new items.

In item (3) of this section, reference to the
corporation's power to abandon a seal is
inserted to conform to §1-304.

In item (13) of this section, the laundry list
of charitable entities to which a corporation
may contribute, presently contained in Art.
23, §9(a) (10) (ii), is deleted as unnecessary
since the term "organization" covers all of
them.

Art. 23, §126, which duplicates item (1) of
this section is proposed for repeal.

The only other changes are in style.

For the definition of the terms "assets," and
"charter," see §1—101.

2-104. ARTICLES OF INCORPORATION.

(A) REQUIRED PROVISIONS.

THE ARTICLES OF INCORPORATION SHALL INCLUDE:

(1) THE NAME AND ADDRESS OF EACH
INCORPORATOR AND A STATEMENT THAT EACH INCORPORATOR IS:

(1)   18 YEARS OLD OR OLDER; AND

(II) FORMING A CORPORATION UNDER THE GENERAL
LAWS OF THE STATE OF MARYLAND;

(2)   THE NAME OF THE CORPORATION;

(3)   THE PURPOSES FOR WHICH THE CORPORATION
IS FORMED;

(4)    THE ADDRESS OF THE PRINCIPAL OFFICE OF
THE CORPORATION;

(5)   THE NAME AND ADDRESS OF THE RESIDENT
AGENT OF THE CORPORATION;