Md. Code, Human Services § 11-405
This is the official text of Md. Code, Human Services § 11-405, part of Maryland’s Code, Human Services — governs state social service programs.
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§11–405.
Official statutory text
(a) (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.
(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.
Status: in_force · Read it on the official government site
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