Maryland Statutes
Title 5 - Special Types of Corporations
Subtitle 1 - Professional Service Corporations

Section 5-101 - Definitions - (a) In this subtitle the following words have the meanings...

Section 5-102 - Single or Multiple Professions; Corporate Form - (a) (1) Except as permitted under subsection (b) of this...

Section 5-103 - Powers - (a) Except as otherwise provided in this subtitle, a professional...

Section 5-104 - Limitation on Activities; Investments - (a) A professional corporation may not render a professional service...

Section 5-105 - Professional Service to Be Performed Through Licensed Individuals - (a) A domestic or foreign corporation may render professional services...

Section 5-106 - Corporate Name -- General Requirements - The name of a domestic professional corporation or of a...

Section 5-107 - Inclusion of Stockholder's Surname; Exception - (a) (1) Except as provided in paragraph (2) of this...

Section 5-108 - Certificate of Authorization for Use of Corporate Name - (a) If required under § 5–107 of this subtitle to...

Section 5-109 - Issuance of Stock - (a) A professional corporation may issue stock, rights, and options...

Section 5-110 - Statement on Stock Certificate - The following statement must appear in conspicuous type on each...

Section 5-111 - Transfer of Stock - (a) A stockholder of a professional corporation may transfer or...

Section 5-112 - Electing to Be Professional Corporation - (a) A corporation may elect to be a professional corporation...

Section 5-113 - Acquisition of Stock Upon Death or Disqualification of Stockholder; General Requirements - (a) A professional corporation shall acquire, or cause to be...

Section 5-114 - Acquisition of Stock Upon Death or Disqualification of Stockholder; Proceedings - (a) For purposes of this section the term “disqualified stockholder”...

Section 5-115 - Proceeding to Determine Fair Value - (a) (1) A proceeding under § 5-114(c) or (d) of...

Section 5-116 - Assessment of Costs and Fees in Appraisal Proceeding - (a) (1) In an appraisal proceeding commenced under § 5-115...

Section 5-117 - Directors and Officers - (a) A majority of the directors and all of the...

Section 5-118 - Proxy; Voting Trusts - (a) Only a qualified person may be appointed a proxy...

Section 5-119 - Relationship With Client or Patient - (a) The relationship between an individual rendering professional services as...

Section 5-120 - Privileged Communications - (a) A privilege applicable to communications between an individual rendering...

Section 5-121 - Liability for Negligent or Wrongful Act - (a) (1) An individual who renders a professional service in...

Section 5-122 - Merger - (a) If all the stockholders of merging corporations are qualified...

Section 5-123 - Cessation in Rendering Professional Services - (a) If a professional corporation ceases to render professional services,...

Section 5-124 - Proceeding to Dissolve Professional Corporation - The Attorney General may commence a proceeding under § 3-513...

Section 5-125 - Foreign Professional Corporation - (a) Except as provided in subsection (c) of this section,...

Section 5-126 - Foreign Professional Corporation -- Required Information - An application of a foreign professional corporation for a certificate...

Section 5-127 - Foreign Professional Corporation -- Revocation of Certificate - The Department may revoke the certificate of authority of a...

Section 5-128 - Adoption of Regulations - A licensing unit may adopt regulations to administer this subtitle.

Section 5-129 - Jurisdiction Not Restricted; Effect on Standards of Professional Conduct - This subtitle does not restrict the jurisdiction of a licensing...

Section 5-130 - Repeal of Statute by Enactment - (a) Except as provided in subsection (b) of this section,...

Section 5-131 - Severability - If any provision of this subtitle or its application to...

Section 5-132 - Suspension or Revocation of Articles of Incorporation - A licensing unit may direct the Department to suspend or...

Section 5-133 - Short Title - This subtitle may be cited as the Maryland Professional Service...

Section 5-134 - Applicability - The provisions of the Maryland General Corporation Law apply to...