Section 7-203 - Qualification to do intrastate business. - Maryland Statutes

§ 7-203. Qualification to do intrastate business.
 

(a)  Qualification required.- Before doing any intrastate business in this State, a foreign corporation shall qualify with the Department. 

(b)  Manner of qualification.- To qualify, the corporation shall: 

(1) Certify to the Department: 

(i) The address of the corporation; and 

(ii) The name and address of its resident agent in this State; and 

(2) Provide proof acceptable to the Department of good standing in the jurisdiction where it currently is organized. 

(c)  Period for which qualification effective.- Unless terminated by the corporation, the qualification is effective as long as: 

(1) The corporation has a resident agent in this State; 

(2) The corporation does not forfeit its right to do intrastate business under the laws of this State; and 

(3) If the corporation qualifies or changes its name after June 1, 1951, the name of the corporation complies with the requirements of Title 1, Subtitle 5 of this article. 
 

[An. Code 1957, art. 23, § 90; 1975, ch. 311, § 2; 1982, ch. 359; 1998, chs. 222, 444; 2009, ch. 355.]