§ 5-110. Statement on stock certificate  


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  •    The following statement must appear in conspicuous type on each stock certificate issued by a professional corporation:
     
       "The transfer of stock of a professional corporation is restricted by the Maryland Professional Service Corporation Act and is subject to further restriction imposed from time to time by the licensing unit. Stock of a professional corporation is also subject to a statutory compulsory repurchase obligation."


HISTORY: 1993, ch. 413, § 2.