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§ 7-203. Qualifications for doing intrastate business

West's Annotated Code of MarylandCorporations and AssociationsEffective: October 1, 2021

West's Annotated Code of Maryland
Corporations and Associations
Title 7. Foreign Corporations (Refs & Annos)
Subtitle 2. Registration and Qualification of Corporation
Effective: October 1, 2021
MD Code, Corporations and Associations, § 7-203
§ 7-203. Qualifications for doing intrastate business
Currentness
Foreign corporations
(a) Before doing any intrastate business in this State, a foreign corporation shall qualify with the Department.
Requirements to qualify
(b) To qualify, the corporation shall:
(1) Certify to the Department:
(i) The address of the corporation; and
(ii) 1. The name and address of the corporation's resident agent in this State; or
2. That the corporation is appointing the Department as its resident agent; and
(2) Provide proof acceptable to the Department of good standing in the jurisdiction where it currently is organized.
Effectiveness of qualification
(c) Unless terminated by the corporation, the qualification is effective as long as:
(1) The corporation has a resident agent in this State;
(2) The corporation does not forfeit its right to do intrastate business under the laws of this State; and
(3) If the corporation qualifies or changes its name after June 1, 1951, the name of the corporation complies with the requirements of Title 1, Subtitle 5 of this article.

Credits

Added by Acts 1975, c. 311, § 2, eff. July 1, 1975. Amended by Acts 1982, c. 359; Acts 1998, c. 222, § 1, eff. Oct. 1, 1998; Acts 1998, c. 444, § 1, eff. Oct. 1, 1998; Acts 2009, c. 355, § 1, eff. Oct. 1, 2009; Acts 2021, c. 107, § 1, eff. Oct. 1, 2021.
Formerly Art. 23, § 90.
MD Code, Corporations and Associations, § 7-203, MD CORP & ASSNS § 7-203
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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