§ 3-406. Articles of dissolution

MD Corp & Assn Code § 3-406 (2019) (N/A)
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(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.