§ 11–406
Statutes in effect as of October 1, 2026.
Md. Code Ann., Hum. Servs. § 11-406 (2026)
Title 11. Maryland Legal Services Corporation
Subtitle 4. Funding
§ 11–406LinkCopy Citation
On the liquidation, dissolution, or winding up of the Corporation, after payment of the obligations and liabilities of the Corporation, all of the assets of the Corporation shall be transferred to one or more corporations or associations that:
(1)
have a character or purpose similar to the Corporation’s;
(2)
are selected by the Board; and
(3)
qualify under § 501(c)(3) of the Internal Revenue Code.