Maryland Code, CORPORATIONS AND ASSOCIATIONS 7-202
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Terms Used In Maryland Code, CORPORATIONS AND ASSOCIATIONS 7-202
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(a) Unless it is qualified to do business under § 7-203 of this subtitle, before doing any interstate or foreign business in this State, a foreign corporation shall register with the Department.
(b) To register, the corporation shall:
(1) Certify to the Department:
(i) The address of the corporation; and
(ii) 1. The name and address of the corporation’s resident agent in this State; or
2. That the corporation is appointing the Department as its resident agent; and
(2) Provide proof acceptable to the Department of good standing in the jurisdiction where it currently is organized.
(c) Unless terminated by the corporation, the registration is effective as long as the corporation has a resident agent in this State.