{"data":{"id":"us-md/md.-code-corporations-and-associations-5-509","jurisdiction":"us-md","citation":"Md. Code, Corporations and Associations § 5–509","heading":"","body":"A stock certificate may not be issued to any subscriber until the stock is full paid. In a cooperative organized without capital stock, a certificate of membership may not be issued to any person until the membership fee is paid in full.","path":["Article - Corporations and Associations"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca\u0026section=5-509","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:43Z","sha256":"0a5f606f0b3d00a8b9caee4cd60bfcceb4aed144030b7e31dc18ef0362bd8528","source_id":"us-md","stale":false,"prev":"us-md/md.-code-corporations-and-associations-5-508","next":"us-md/md.-code-corporations-and-associations-5-510"},"notice":"GroundRules: Original legal text. Not legal advice."}