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§ 5-107. Stockholder's surname, mandatory inclusion

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

West's Annotated Code of Maryland
Corporations and Associations
Title 5. Special Types of Corporations (Refs & Annos)
Subtitle 1. Professional Service Corporations
Effective: October 1, 2021
MD Code, Corporations and Associations, § 5-107
§ 5-107. Stockholder's surname, mandatory inclusion
Currentness
Applicable corporations
(a)(1) Except as provided in paragraph (2) of this subsection, this section does not apply to a professional corporation in which a majority of stockholders are individuals who are licensed, certified, or otherwise authorized to practice a health occupation under the Health Occupations Article.
(2) This section applies to a professional corporation that provides dental services.
Surname
(b) The name of a domestic professional corporation or a foreign professional corporation authorized to transact business in the State shall contain the surname of one or more stockholders of the corporation unless:
(1) Except as provided in § 5-108(f) of this subtitle, the name of the corporation is approved by the appropriate licensing unit;
(2) A certificate of authorization for use of the corporate name is issued to the corporation or to its incorporator by the appropriate licensing unit; and
(3) The certificate of authorization for use of the corporate name issued by the licensing unit is attached to the articles of incorporation document in which the name is adopted.

Credits

Added by Acts 1993, c. 413, § 2. Amended by Acts 2009, c. 399, § 1, eff. Oct. 1, 2009; Acts 2016, c. 335, § 1, eff. Oct. 1, 2016; Acts 2021, c. 794, § 1, eff. Oct. 1, 2021.
MD Code, Corporations and Associations, § 5-107, MD CORP & ASSNS § 5-107
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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