(a) Except as provided in subsection (c) of this section, a foreign professional corporation may not transact business in the State until it obtains a certificate of authority from the Department.
(b) A foreign professional corporation may obtain a certificate of authority if:
(1) Unless the licensing unit approves the use of a different name, the name of the corporation satisfies the requirements of §§ 5-106 through 5-108 of this subtitle and the name is the same as the corporate name contained in the articles of incorporation;
(2) The corporation is incorporated for one or more of the purposes described in § 5-103 of this subtitle; and
(3) All of the stockholders, a majority of the directors, and all of the officers of the corporation, other than the secretary and treasurer, are licensed in one or more states to render a professional service described in the articles of incorporation.
(c) (1) A foreign professional corporation is not required to obtain a certificate of authority to transact business in the State unless the corporation would be required to qualify under § 7-203 of this article if it were a business corporation.
(2) In the event that a certificate of authority is not required under paragraph (1) of this subsection, a foreign professional corporation must register with the Department under § 7-202 of this article.
Structure Maryland Statutes
Title 5 - Special Types of Corporations
Subtitle 1 - Professional Service Corporations
Section 5-102 - Single or Multiple Professions; Corporate Form
Section 5-104 - Limitation on Activities; Investments
Section 5-105 - Professional Service to Be Performed Through Licensed Individuals
Section 5-106 - Corporate Name -- General Requirements
Section 5-107 - Inclusion of Stockholder's Surname; Exception
Section 5-108 - Certificate of Authorization for Use of Corporate Name
Section 5-109 - Issuance of Stock
Section 5-110 - Statement on Stock Certificate
Section 5-111 - Transfer of Stock
Section 5-112 - Electing to Be Professional Corporation
Section 5-114 - Acquisition of Stock Upon Death or Disqualification of Stockholder; Proceedings
Section 5-115 - Proceeding to Determine Fair Value
Section 5-116 - Assessment of Costs and Fees in Appraisal Proceeding
Section 5-117 - Directors and Officers
Section 5-118 - Proxy; Voting Trusts
Section 5-119 - Relationship With Client or Patient
Section 5-120 - Privileged Communications
Section 5-121 - Liability for Negligent or Wrongful Act
Section 5-123 - Cessation in Rendering Professional Services
Section 5-124 - Proceeding to Dissolve Professional Corporation
Section 5-125 - Foreign Professional Corporation
Section 5-126 - Foreign Professional Corporation -- Required Information
Section 5-127 - Foreign Professional Corporation -- Revocation of Certificate
Section 5-128 - Adoption of Regulations
Section 5-129 - Jurisdiction Not Restricted; Effect on Standards of Professional Conduct
Section 5-130 - Repeal of Statute by Enactment
Section 5-132 - Suspension or Revocation of Articles of Incorporation