Plain Text Law

§ 5–110

Statutes in effect as of October 1, 2026.

Md. Code Ann., Corps. & Ass'ns § 5-110 (2026)
Title 5. Special Types of Corporations
Subtitle 1. Professional Service Corporations

§ 5–110Copy Citation

The following statement must appear in conspicuous type on each stock certificate issued by a professional corporation:
“The transfer of stock of a professional corporation is restricted by the Maryland Professional Service Corporation Act and is subject to further restriction imposed from time to time by the licensing unit. Stock of a professional corporation is also subject to a statutory compulsory repurchase obligation.”