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§ 5-130. Effect of enactment of subtitle

West's Annotated Code of MarylandCorporations and Associations

West's Annotated Code of Maryland
Corporations and Associations
Title 5. Special Types of Corporations (Refs & Annos)
Subtitle 1. Professional Service Corporations
MD Code, Corporations and Associations, § 5-130
§ 5-130. Effect of enactment of subtitle
Currentness
Effect of repeal
(a) Except as provided in subsection (b) of this section, the repeal of a statute by enactment of this subtitle does not affect:
(1) The operation of the statute or any action taken under it before the statute's repeal;
(2) A ratification, right, remedy, privilege, obligation, or liability acquired, accrued, or incurred after the statute's repeal;
(3) Any violation of the statute, or any penalty, forfeiture, or punishment incurred because of the violation, before its repeal; or
(4) Any proceeding, reorganization, or dissolution commenced under the statute before its repeal.
Penalty
(b) If a penalty or punishment imposed for a violation of a statute repealed by this subtitle is reduced by this subtitle, the penalty or punishment, if not already imposed, shall be imposed in accordance with this subtitle.

Credits

Added by Acts 1993, c. 413, § 2.
MD Code, Corporations and Associations, § 5-130, MD CORP & ASSNS § 5-130
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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