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Section 5-112 - Electing to Be Professional Corporation — Maryland Law | CourtGPT
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  7. Section 5-112 - Electing to Be Professional Corporation
Maryland Legal Code

Section 5-112 - Electing to Be Professional Corporation

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(a) A corporation may elect to be a professional corporation under this subtitle by including in the articles of incorporation a statement that: (1) The corporation is a professional corporation; and (2) The corporation’s purpose is to render the professional services specified. (b) A corporation incorporated in the State may elect professional corporation status by amending its articles of incorporation to comply with subsection (a) of this section and §§ 5-106 through 5-108 of this subtitle. (c) A corporation that, prior to the effective date of this subtitle, was a duly organized professional corporation in the State shall be deemed a duly organized professional corporation under this subtitle.