§ 8-410. Formation of society.
(a) In general.- Seven or more individuals, acting as incorporators, may form a society under this subtitle.
(b) Citizenship requirements.-
(1) Each incorporator of a society must be a citizen of the United States.
(2) A majority of the incorporators must be citizens of the State.
[CA § 6-402; 1995, ch. 36.]
§ 8-410. Formation of society.
(a) In general.- Seven or more individuals, acting as incorporators, may form a society under this subtitle.
(b) Citizenship requirements.-
(1) Each incorporator of a society must be a citizen of the United States.
(2) A majority of the incorporators must be citizens of the State.
[CA § 6-402; 1995, ch. 36.]
§ 8-410. Formation of society.
(a) In general.- Seven or more individuals, acting as incorporators, may form a society under this subtitle.
(b) Citizenship requirements.-
(1) Each incorporator of a society must be a citizen of the United States.
(2) A majority of the incorporators must be citizens of the State.
[CA § 6-402; 1995, ch. 36.]
