Plain Text Law

§ 7–301

Statutes in effect as of October 1, 2026.

Md. Code Ann., Corps. & Ass'ns § 7-301 (2026)
Title 7. Foreign Corporations
Subtitle 3. Sanctions

§ 7–301Copy Citation

If a foreign corporation is doing or has done any intrastate, interstate, or foreign business in this State without complying with the requirements of Subtitle 2 of this title, the corporation may maintain a suit in any court of this State if it shows to the satisfaction of the court that:
(1)
The foreign corporation has paid the penalty specified in § 7–302 of this subtitle; and
(2)
Either:
(i)
The foreign corporation or a foreign corporation successor to it has complied with the requirements of Subtitle 2 of this title; or
(ii)
The foreign corporation and any foreign corporation successor to it are no longer doing intrastate, interstate, or foreign business in this State.