Unannotated Code of Maryland (Last Updated: May 16, 2014) |
CORPORATIONS AND ASSOCIATIONS |
TITLE 5. SPECIAL TYPES OF CORPORATIONS |
SUBTITLE 6C. BENEFIT CORPORATIONS |
§ 5-6C-05. Reference to fact of benefit corporation status
Latest version.
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Clear reference to the fact that a corporation is a benefit corporation shall appear prominently:
(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.