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 |
§ 3-509. Conditions on acceptance of articles of revival
Latest version.
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The Department may not accept articles of revival for record unless:
(1) All annual reports required to be filed by the corporation or which would have been required if the charter had not been forfeited are filed; and
(2) Unemployment insurance contributions, or reimbursement payments, all State and local taxes, except taxes on real estate, and all interest and penalties due by the corporation or which would have become due if the charter had not been forfeited are paid, whether or not barred by limitations.