Changes to Business Entity Laws in Maryland and the District of Columbia

By Eric Geringswald | CSC

Updates in Maryland Business Laws

Maryland lawmakers approved provisions regarding emergency bylaws for corporations and the ratification of defective acts during the 2024 legislative session. These updates aim to address governance challenges and streamline corporate decision-making during emergencies.

New Developments in Washington D.C. Business Law

In Washington D.C., legislators introduced a new subtitle to the Uniform Commercial Code (UCC). This subtitle focuses on controllable electronic records, encompassing digital assets such as NFTs and cryptocurrency.

Expert Insights from James J. Hanks, Jr.

Attorney James J. Hanks, Jr. of Venable LLP provides an in-depth legislative analysis of the changes to Maryland’s business laws. His insights are featured in the 2024 edition of CSC’s Maryland & DC Laws Governing Business Entities Annotated.

Comprehensive Content in the 2024 Edition

This updated edition includes:

• Maryland Corporations and Associations Code from Michie's Annotated Code of Maryland, updated through the 2024 legislative session.
• A curated selection of Maryland statutes covering jurisdiction and corporate taxation.
• The complete Business Corporation Act and related business law sections from the District of Columbia Official Code.

Changes are clearly outlined in the Table of Sections Affected, with Blackline Amendment Notes highlighting additions and deletions since the 2023 edition.

Additional Features

This edition offers practical tools, including:

• Fee tables for business filings in Maryland and D.C.
• Online access to over 100 forms for incorporation/formation, qualification, mergers, dissolution, and name reservation via the LexisNexis® Store download center.
• A comprehensive appendix listing forms and contact information for both jurisdictions.

Flexible Format Options

The Maryland & The District of Columbia Laws Governing Business Entities Annotated is available in multiple formats:

• Softbound book
• Ebook, compatible with e-readers, tablets, computers, and smartphones.
• LexisNexis® Digital Library for seamless access.