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§ 7-104. Activities not constituting intrastate, interstate business

West's Annotated Code of MarylandCorporations and Associations

West's Annotated Code of Maryland
Corporations and Associations
Title 7. Foreign Corporations (Refs & Annos)
Subtitle 1. Registration of Name; Doing Business in State
MD Code, Corporations and Associations, § 7-104
§ 7-104. Activities not constituting intrastate, interstate business
Currentness
In addition to any other activities which may not constitute doing intrastate, interstate, or foreign business in this State, for the purposes of this article, the following activities of a foreign corporation do not constitute doing intrastate, interstate, or foreign business in this State:
(1) Foreclosing mortgages and deeds of trust on property in this State;
(2) As a result of default under a mortgage or deed of trust, acquiring title to property in this State by foreclosure, deed in lieu of foreclosure, or otherwise;
(3) Holding, protecting, renting, maintaining, and operating property in this State so acquired; and
(4) Selling or transferring the title to property in this State so acquired to any person, including the Federal Housing Administration or the Veterans Administration.

Credits

Added by Acts 1975, c. 311, § 2, eff. July 1, 1975.
Formerly Art. 23, § 88.
MD Code, Corporations and Associations, § 7-104, MD CORP & ASSNS § 7-104
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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