Unannotated Code of Maryland (Last Updated: May 16, 2014) |
CORPORATIONS AND ASSOCIATIONS |
TITLE 3. CORPORATIONS IN GENERAL -- EXTRAORDINARY ACTIONS |
SUBTITLE 5. EXTENSION, FORFEITURE, ANDREVIVAL OF CHARTER |
§ 3-502. Contents and execution of articles of extension
Latest version.
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(a) Contents. -- Articles of extension shall include:
(1) The date the existence of the corporation expired under the terms of its charter;
(2) The date to which the existence of the corporation is to be extended, or a statement that the existence of the corporation is to be perpetual;
(3) A statement that the reinstatement and extension have been approved in the manner and by the vote required by this article and the corporation's charter, and a statement of the manner of approval; and
(4) A statement that the corporation has been in continuous operation since before the date of expiration.
(b) Execution of articles. -- Articles of extension shall be executed in the manner required by Title 1 of this article.