Title 7. Foreign Corporations — Subtitle 1. Registration of Name; Doing Business in State
Statutes in effect as of October 1, 2026.
Md. Code Ann., Corps. & Ass'ns § 7-101 (2026)
Title 7. Foreign Corporations
Subtitle 1. Registration of Name; Doing Business in State
§ 7–101LinkCopy Citation
Any foreign corporation may register its name in this State as provided under Title 1, Subtitle 5 of this article.
Md. Code Ann., Corps. & Ass'ns § 7-102 (2026)
Title 7. Foreign Corporations
Subtitle 1. Registration of Name; Doing Business in State
§ 7–102LinkCopy Citation
A foreign corporation may not do any kind of intrastate, interstate, or foreign business in this State which the laws of this State prohibit a Maryland corporation from doing.
Md. Code Ann., Corps. & Ass'ns § 7-103 (2026)
Title 7. Foreign Corporations
Subtitle 1. Registration of Name; Doing Business in State
§ 7–103LinkCopy Citation
In addition to any other activities which may not constitute doing intrastate business in this State, for the purposes of this article, the following activities of a foreign corporation do not constitute doing intrastate business in this State:
(1)
Maintaining, defending, or settling an action, suit, claim, dispute, or administrative or arbitration proceeding;
(2)
Holding meetings of its directors or stockholders or carrying on other activities which concern its internal affairs;
(3)
Maintaining bank accounts;
(4)
Maintaining offices or agencies for the transfer, exchange, and registration of its securities;
(5)
Appointing and maintaining trustees or depositaries with respect to its securities;
(6)
Transacting business exclusively in interstate or foreign commerce; and
(7)
Conducting an isolated transaction not in the course of a number of similar transactions.
Md. Code Ann., Corps. & Ass'ns § 7-104 (2026)
Title 7. Foreign Corporations
Subtitle 1. Registration of Name; Doing Business in State
§ 7–104LinkCopy Citation
In addition to any other activities which may not constitute doing intrastate, interstate, or foreign business in this State, for the purposes of this article, the following activities of a foreign corporation do not constitute doing intrastate, interstate, or foreign business in this State:
(1)
Foreclosing mortgages and deeds of trust on property in this State;
(2)
As a result of default under a mortgage or deed of trust, acquiring title to property in this State by foreclosure, deed in lieu of foreclosure, or otherwise;
(3)
Holding, protecting, renting, maintaining, and operating property in this State so acquired; and
(4)
Selling or transferring the title to property in this State so acquired to any person, including the Federal Housing Administration or the Veterans Administration.
Md. Code Ann., Corps. & Ass'ns § 7-105 (2026)
Title 7. Foreign Corporations
Subtitle 1. Registration of Name; Doing Business in State
§ 7–105LinkCopy Citation
By doing intrastate, interstate, or foreign business in this State, a foreign corporation assents to the laws of this State.