Maryland Corporations and Associations Section 12-810

      The forfeiture of the right to do business in the State and the right to the use of the name of the business trust under this title does not:

            (1)      Impair the validity of a contract entered into by the business trust or any act of the business trust before or after the forfeiture; or

            (2)      Prevent the business trust from defending any action, suit, or proceeding in a court of the State.

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