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2021 Maryland Statutes
Corporations and Associations
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
- Section 3-502 - Contents and Execution of Articles of Extension
- Section 3-503 - Forfeiture of Charter for Nonpayment of Taxes or Failure to File Report
- Section 3-504 - Notice of Proclamation; Effect of Compliance
- Section 3-505 - Correction of Mistakes
- Section 3-506 - Other Remedies Not Affected
- Section 3-507 - Procedure for Revival of Forfeited Charter
- Section 3-508 - Contents of Articles of Revival
- Section 3-509 - Conditions on Acceptance of Articles of Revival
- Section 3-510 - Evidentiary Effect of Acceptance of Articles of Revival
- Section 3-512 - Effect of Extension or Revival
- Section 3-513 - Forfeiture of Charter for Misuse of Powers
- Section 3-514 - Prohibition Against Doing Business After Forfeiture
- Section 3-515 - Powers of Directors on Forfeiture
- Section 3-516 - Appointment of Receiver on Forfeiture
- Section 3-517 - Distributions to Stockholders on Forfeiture -- When Number of Outstanding Shares Known
- Section 3-518 - Distributions to Stockholders on Forfeiture -- When Number of Outstanding Shares Unknown
- Section 3-519 - Conditions on Expiration of Corporate Existence
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