Maryland Statutes
Title 3 - Corporations in General -- Extraordinary Actions
Subtitle 5 - Extension, Forfeiture, Andrevival of Charter

Section 3-501 - Power to Reinstate Expired Charter and Extend Corporate Existence - (a) If the period of existence of a corporation has...

Section 3-502 - Contents and Execution of Articles of Extension - (a) Articles of extension shall include: (1) The date the...

Section 3-503 - Forfeiture of Charter for Nonpayment of Taxes or Failure to File Report - (a) (1) Except with respect to a tax collectable locally,...

Section 3-504 - Notice of Proclamation; Effect of Compliance - (a) Within ten days after the issuance of the proclamation,...

Section 3-505 - Correction of Mistakes - (a) If the Department is satisfied that a corporation named...

Section 3-506 - Other Remedies Not Affected - This subtitle does not repeal, supersede, or in any manner...

Section 3-507 - Procedure for Revival of Forfeited Charter - (a) The charter of any corporation which is forfeited for...

Section 3-508 - Contents of Articles of Revival - Articles of revival shall include: (1) The name of the...

Section 3-509 - Conditions on Acceptance of Articles of Revival - The Department may not accept articles of revival for record...

Section 3-510 - Evidentiary Effect of Acceptance of Articles of Revival - Except in a proceeding by the State or any of...

Section 3-512 - Effect of Extension or Revival - The reinstatement and extension of a corporation’s existence under §...

Section 3-513 - Forfeiture of Charter for Misuse of Powers - (a) At any time, the Department may authorize the Attorney...

Section 3-514 - Prohibition Against Doing Business After Forfeiture - (a) Any person who transacts business in the name or...

Section 3-515 - Powers of Directors on Forfeiture - (a) When the charter of a Maryland corporation has been...

Section 3-516 - Appointment of Receiver on Forfeiture - (a) A director, stockholder, or creditor of a Maryland corporation...

Section 3-517 - Distributions to Stockholders on Forfeiture -- When Number of Outstanding Shares Known - (a) When the charter of a Maryland corporation has been...

Section 3-518 - Distributions to Stockholders on Forfeiture -- When Number of Outstanding Shares Unknown - (a) When the charter of a Maryland corporation has been...

Section 3-519 - Conditions on Expiration of Corporate Existence - (a) If the period of existence of a corporation is...