Maryland § 3-406
Full text of Maryland Maryland Code § 3-406, with citation guidance and answers to common questions.
§ 3-406.
(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 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.
Frequently Asked Questions About Maryland § 3-406
What does Maryland Code § 3-406 cover?
Section 3-406 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 3-406?
A common citation format is "Maryland Code § 3-406" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 3-406 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.