Maryland statutes require a Maryland corporation to have at least
one corporate officer. However, there are normally three (3) principal
officers in a corporation; a President, a Secretary and a Treasurer.
Maryland requires you to have at minimum a President and a Secretary.
Maryland Law permits one person to hold more than one office. Therefore,
one person may be designated to all three offices.
The documents contained in our Corporate Kit E-Book appoint all three
of the above officers. You may appoint yourself to each of these offices,
or each of these offices may be held by different persons. It is often
adviseable to have different people assigned to these offices to avoid
any appearance of inpropriety or conflict when multiple officers must
sign or verify documents or take corporate actions.
It is important that you formally appoint the officers in your corporation
in inital corporate actions and proceedings. It is also important
that the activities of the officers be reviewed by the Directors of
your corporation on a regular basis and that the directors re-elect
the officers on an annual basis.
Your Maryland corporate kit documents include forms forelecting Officers
and for the acceptance of those positions by the officers.
