Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 3-406 - Articles of Dissolution — Maryland Law | CourtGPT
  1. Home/
  2. Laws/
  3. Maryland/
  4. Corporations and Associations/
  5. Title 3 - Corporations in General -- Extraordinary Actions/
  6. Subtitle 4 - Dissolution/
  7. Section 3-406 - Articles of Dissolution
Maryland Legal Code

Section 3-406 - Articles of Dissolution

Ask AI about this
(a) In the case of voluntary dissolution, the articles of dissolution shall include: (1) The name of the corporation and the address of its principal office; (2) The name and address of a resident agent of the corporation who shall serve for one year after dissolution and until the affairs of the corporation are wound up; (3) The name and address of each director of the corporation; (4) The name, title, and address of each officer of the corporation; (5) A statement that dissolution of the corporation was approved in the manner and by the vote required by law and by the charter of the corporation, and a statement of the manner of approval; (6) A statement that notice of the approved dissolution was mailed to all known creditors of the corporation and the date of the mailing, or a statement that the corporation has no known creditors; (7) All other provisions which the corporation considers necessary to dissolve; and (8) A statement that the corporation is dissolved. (b) (1) If the dissolution is authorized under § 3-402 of this subtitle, a majority of the incorporators or a majority of the entire board of directors, as the case may be, shall execute articles of dissolution for the

olution is authorized under § 3-402 of this subtitle, a majority of the incorporators or a majority of the entire board of directors, as the case may be, shall execute articles of dissolution for the corporation in the manner required by Title 1 of this article. (2) In all other cases, articles of dissolution shall be executed by the persons and in the manner required by Title 1 of this article.