§ 5-125
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/md/corporations-and-associations/5-125·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§5–125.
(a)Except as provided in subsection
(c)of this section, a foreign professional corporation may not transact business in the State until it obtains a certificate of authority from the Department.
(b)A foreign professional corporation may obtain a certificate of authority if:
(1)Unless the licensing unit approves the use of a different name, the name of the corporation satisfies the requirements of §§ 5-106 through 5-108 of this subtitle and the name is the same as the corporate name contained in the articles of incorporation;
(2)The corporation is incorporated for one or more of the purposes described in § 5-103 of this subtitle; and
(3)All of the stockholders, a majority of the directors, and all of the officers of the corporation, other than the secretary and treasurer, are licensed in one or more states to render a professional service described in the articles of incorporation.
(1)A foreign professional corporation is not required to obtain a certificate of authority to transact business in the State unless the corporation would be required to qualify under § 7-203 of this article if it were a business corporation.
(2)In the event that a certificate of authority is not required under paragraph
(1)of this subsection, a foreign professional corporation must register with the Department under § 7-202 of this article.