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§ 12-810. Rights of business

West's Annotated Code of MarylandCorporations and AssociationsEffective: June 1, 2010

West's Annotated Code of Maryland
Corporations and Associations
Title 12. Statutory Trusts (Refs & Annos)
Subtitle 8. Forfeiture
Effective: June 1, 2010
MD Code, Corporations and Associations, § 12-810
§ 12-810. Rights of business
The forfeiture of the right to do business in the State and the right to the use of the name of the statutory trust under this title does not:
(1) Impair the validity of a contract entered into by the statutory trust or any act of the statutory trust before or after the forfeiture; or
(2) Prevent the statutory trust from defending any action, suit, or proceeding in a court of the State.

Credits

Added by Acts 1999, c. 452, § 1, eff. Jan. 1, 2000. Amended by Acts 2010, c. 611, § 1, eff. June 1, 2010.
MD Code, Corporations and Associations, § 12-810, MD CORP & ASSNS § 12-810
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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