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§ 12-803. Mistakes

West's Annotated Code of MarylandCorporations and AssociationsEffective: July 1, 2019

West's Annotated Code of Maryland
Corporations and Associations
Title 12. Statutory Trusts (Refs & Annos)
Subtitle 8. Forfeiture
Effective: July 1, 2019
MD Code, Corporations and Associations, § 12-803
§ 12-803. Mistakes
Correction
(a) If the Department is satisfied that a statutory trust named in a proclamation issued under § 12-801(d) of this subtitle has not failed to pay the taxes, unemployment insurance contributions, or reimbursement payments, or to file the report within the period specified in § 12-801 of this subtitle, or that the statutory trust has been mistakenly reported to the Department by the State Comptroller or the Secretary of Labor, the Department may file in its records a proclamation correcting the mistake.
Restoration
(b) The effect of a proclamation correcting a mistake under subsection (a) of this section is to restore the right of the statutory trust to do business in the State and to use the name of the statutory trust as if the right had at all times remained in full force and effect.

Credits

Added by Acts 1999, c. 452, § 1, eff. Jan. 1, 2000. Amended by Acts 2000, c. 61, § 1, eff. April 25, 2000; Acts 2010, c. 611, § 1, eff. June 1, 2010; Acts 2019, c. 8, § 5.
MD Code, Corporations and Associations, § 12-803, MD CORP & ASSNS § 12-803
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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