2024 Maryland Statutes
Corporations and Associations
Title 5 - Special Types of Corporations
Subtitle 6C - Benefit Corporations
Section 5-6C-02 - Applicability of Provisions

    (a)    The provisions of the Maryland General Corporation Law apply to benefit corporations except to the extent that:

        (1)    The context of a provision clearly requires otherwise; or

        (2)    A specific provision of this subtitle or another provision of law governing specific classes of corporations provides otherwise.

    (b)    This subtitle applies only to benefit corporations.

    (c)    (1)    The existence of a provision of this subtitle does not of itself create any implication that a contrary or different rule of law is or would be applicable to a corporation that is not a benefit corporation.

        (2)    This subtitle does not affect any statute or rule of law as it applies to a corporation that is not a benefit corporation.

    (d)    A provision of the charter or bylaws of a benefit corporation may not be inconsistent with any provision of this subtitle.