Plain Text Law

§ 16–101

Statutes in effect as of October 1, 2026.

Md. Code Ann., State Fin. & Proc. § 16-101 (2026)
Title 16. Suspension and Debarment of Contractors
Subtitle 1

§ 16–101Copy Citation

(a)
In this title the following words have the meanings indicated.
(b)
“Business” means an individual or a corporation, partnership, sole proprietorship, joint venture, or other legal entity through which commercial activity is conducted.
(c)
“Contract” means any agreement in any form.
(d)
“Controlling stockholder” means a stockholder who:
(1)
owns more than 25% of the voting stock of a corporation; or
(2)
notwithstanding the number of shares that the stockholder owns, has the power to direct or control the direction of the management or policies of a corporation.
(e)
“Convicted” includes an accepted plea of nolo contendere.
(f)
“Public body” means:
(1)
the State;
(2)
a unit; or
(3)
a local governmental entity in the State, including a bicounty or multicounty governmental entity.