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Form a Business

“Compensation”.

Baltimore City Code, Article 8, § 2-7
in effect
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§ 2-7. “Compensation”. “Compensation” means any money or thing of value, regardless of form, received or to be received by a person for services rendered. (Ord. 04-795.)
Source: City of Baltimore Department of Legislative Reference, City of Baltimore Law Library (codes.baltimorecity.gov; Open Law Library bulk XML)URL: https://codes.baltimorecity.gov/us/md/cities/baltimore/code/8/2-7Fetched: 10/25/2026

Starting a business in Maryland? Maryland LLC guide: costs and requirements

2-7 | Corpus