(a) Seven or more individuals, acting as incorporators, may form a society under this subtitle.
(b) (1) Each incorporator of a society must be a citizen of the United States.
(2) A majority of the incorporators must be citizens of the State.
Structure Maryland Statutes
Title 8 - Entities That Act as Insurers
Subtitle 4 - Fraternal Benefit Societies
Part II - Formation, Organization, and Authority to Do Business
Section 8-410 - Formation of Society
Section 8-411 - Articles of Incorporation of Society
Section 8-412 - Filing Requirements
Section 8-413 - Minimum Capital
Section 8-414 - Preliminary Certificate of Authority
Section 8-415 - Completing Organization of Society
Section 8-416 - Time for Completing Organization
Section 8-417 - Certificate of Authority
Section 8-418 - Constitution and Laws; General Powers
Section 8-419 - Amendments to Laws
Section 8-422 - Office; Meetings; Minutes
Section 8-423 - Term and Renewal of Certificate of Authority