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2020 Maryland Statutes
Corporations and Associations
Title 3 - Corporations in General -- Extraordinary Actions
Subtitle 5 - Extension, Forfeiture, Andrevival of Charter
Section 3-509 - Conditions on Acceptance of Articles of Revival
Universal Citation:
MD. Corporations and Associations Code Ann. § 3-509 (2020)
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The Department may not accept articles of revival for record unless:
(1) All annual reports required to be filed by the corporation or which would have been required if the charter had not been forfeited are filed; and
(2) Unemployment insurance contributions, or reimbursement payments, all State and local taxes, except taxes on real estate, and all interest and penalties due by the corporation or which would have become due if the charter had not been forfeited are paid, whether or not barred by limitations.
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