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Session Laws, 1967
Volume 681, Page 1330   View pdf image (33K)
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1330                           LAWS OF MARYLAND                      [CH. 649

this State at the time of the acceptance for record of the articles of
revival.

(iii) The post office address of the principal office of the cor-
poration in this State, which shall be in the same county in which
the principal office of the corporation was located at the time of the
forfeiture of its charter, and the name and post office address of the
resident agent or resident agents of the corporation in this State.

(iv) The articles of revival are for the purpose of reinstating the
charter of the corporation.

(3) The [Commission] Department shall accept the articles of
revival for record upon (i) payment of the fees required" by law,
(ii) the filing of all annual reports which should have been filed by
the corporation if its charter had not been forfeited, (iii) being satis-
fied that payment has been made of all State and local taxes (other
than taxes on real estate) and of all interest and penalties due by the
corporation, irrespective of any period of limitation otherwise pre-
scribed by law affecting the collection of any part of such taxes, and
(iv) being satisfied that payment has been made of an amount equal
to all State and local taxes (other than taxes on real estate) and of
all interest and penalties which, irrespective of any period of limita-
tion otherwise prescribed by law affecting the collection of any part
of such taxes, would have been payable by the corporation if its
charter had not been forfeited.

(c) The acceptance for record by the [Commission] Department
of the articles of revival shall be conclusive evidence of the payment
of the fees and taxes required to be paid, of the filing of the reports
required to be filed and of the revival of the charter of the corpora-
tion, except in a direct proceeding by the State for the forfeiture of
the charter or in a direct proceeding by the State or any political
subdivision thereof for the enforcement of any other right or remedy.

Sec. 12. And be it further enacted, That Sections 90, 91(c) and
91 (d) of Article 23 of the Annotated Code of Maryland (1957 Edi-
tion) , title "Corporations," subheading "I. Stock Corporations," sub-
title "Foreign Corporations," be and the same are hereby repealed
and re-enacted with amendments to read as follows; and that a new
Section 93A of said Article, title, subheading and subtitle be and the
same is hereby enacted to read as follows:

90. Qualification and Registration.

(a) Every foreign corporation doing intrastate or interstate or
foreign business in this State, except insurance companies subject to
the provisions of Article 48A, and except railroads operating in this
State and national banks, shall have at least one resident agent in
this State whose name and address, as such, have been certified to the
[[Commission] Department, and also a mailing address which has
likewise been certified to the [Commission] Department. Each such
foreign corporation shall continue to have at least one such resident
agent and a mailing address so certified as long as it is subject to suit
in this State. Service of process upon any such resident agent of a
foreign corporation shall bind such foreign corporation in any action
in which it is subject to suit in this State; but, notwithstanding any
other provisions of this Article to the contrary, compliance with this

 

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Session Laws, 1967
Volume 681, Page 1330   View pdf image (33K)
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