§ 5–112
Statutes in effect as of October 1, 2026.
Md. Code Ann., Corps. & Ass'ns § 5-112 (2026)
Title 5. Special Types of Corporations
Subtitle 1. Professional Service Corporations
§ 5–112LinkCopy Citation
(a)
A corporation may elect to be a professional corporation under this subtitle by including in the articles of incorporation a statement that:
(1)
The corporation is a professional corporation; and
(2)
The corporation’s purpose is to render the professional services specified.
(b)
A corporation incorporated in the State may elect professional corporation status by amending its articles of incorporation to comply with subsection (a) of this section and §§ 5-106 through 5-108 of this subtitle.
(c)
A corporation that, prior to the effective date of this subtitle, was a duly organized professional corporation in the State shall be deemed a duly organized professional corporation under this subtitle.