§ 5–124
Statutes in effect as of October 1, 2026.
Md. Code Ann., Corps. & Ass'ns § 5-124 (2026)
Title 5. Special Types of Corporations
Subtitle 1. Professional Service Corporations
§ 5–124LinkCopy Citation
The Attorney General may commence a proceeding under § 3-513 of this article to dissolve a professional corporation if:
(1)
The Department or a licensing unit with jurisdiction over a professional service described in the corporation’s articles of incorporation serves written notice on the corporation that it has violated or is violating a provision of this subtitle;
(2)
The corporation does not, within 60 days after service of the notice, correct the alleged violation or demonstrate to the Department or licensing authority that the violation has not occurred; and
(3)
The Department or licensing unit certifies to the Attorney General:
(i)
A description of the violation;
(ii)
That it notified the corporation of the violation; and
(iii)
That within 60 days after service of notice, the corporation did not correct the violation or demonstrate that it did not occur.