§ 11-405
52 words·~1 min read·
/md/human-services/11-405A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§11–405.
(1)This subsection does not apply to reasonable compensation paid for services rendered to or for the Corporation.
(2)Net earnings of the Corporation may not inure to the benefit of any individual.
(b)An individual may not share in the distribution of corporate assets on dissolution of the Corporation.