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Maryland corporate bylaws organize the internal affairs of a corporation by defining the business’s management structure and daily operational procedures. Corporate bylaws are adopted at the first organizational meeting between the board of directors following the formation of the corporation. At the meeting, the board will set forth rules concerning the corporation’s shareholders, officers, committees, annual…

A Maryland land contract contains terms governing the two parties in the sale of vacant land. The contract contains transactional conditions, such as the agreed-upon purchase price and any financial contingencies, as well as the legal descriptors of the land/lot. Both parties must consent to the terms and come to a mutual agreement prior to…

A Maryland non-solicitation agreement is an addendum to an employment contract that sets limitations on the employee’s ability to solicit the employer’s customers, personnel, contractors, or suppliers after leaving the company. This agreement usually establishes a specific timeframe for which the limitations are legally enforceable. Is It Legally Enforceable in Maryland?  Yes — if the agreement…

A Maryland partnership agreement can be used to solidify the terms and conditions of a business partnership between two or more people. Once signed by all parties, it becomes a legally binding contract. Maryland law allows four types of partnership models that vary in tax obligations and liabilities. Partnership Types General Partnerships (GP) – §9A-101-§9A-1001 Limited…

A Maryland postnuptial agreement is a legal document establishing contractual rights to property between the spouses in a marriage. Postnuptial agreements are sometimes called post-marital agreements, and as the name indicates, they are entered into after a couple is already married. This contrasts with prenuptial agreements, or “prenups,” legal documents that are signed before marriage and…

A Maryland separation agreement is a contract between spouses in a marriage that allows them to set terms for the division of assets, alimony, and other matters without obtaining a full divorce. Maryland does not recognize the concept of legal separation, Maryland courts appear to decide whether to enforce separation agreements in the same fashion…