1526                                             LAWS OF MARYLAND                       [Ch. 311

ACQUIRE ADDITIONAL STOCK IN THE CORPORATION.

REVISOR'S NOTE: Items (1) through (9) of this
section presently appear as Art. 23, §18(a).

Item (10) of this section presently appears as
Art. 23, §30(a).

The remainder of present Art. 23, §§18 and 30
appears in Subtitle 2 of this title.

2-106. CORPORATE NAME.

(A)   REQUIREMENTS.

THE NAME OF THE CORPORATION SHALL INDICATE ITS
CORPORATE STATUS. CORPORATE STATUS IS INDICATED IF THE

NAME:

(1)   CONTAINS THE WORD "COMPANY," IF IT IS NOT
PRECEDED IMMEDIATELY BY THE WORD "AND" OR A SYMBOL FOR
IT; OR

(2)    CONTAINS ONE OF THE FOLLOWING WORDS OR
ENDS WITH AN ABBREVIATION OF ONE OF THEM:

(I)   "CORPORATION";

(II)   "INCORPORATED"; OR

(III)   "LIMITED."

(B)       RESTRICTIONS ON CORPORATE NAME.
THE NAME OF A CORPORATION MAY NOT:

(1)           CONTAIN ANY WORD OR PHRASE WHICH
INDICATES OR IMPLIES THAT IT IS ORGANIZED FOR ANY PURPOSE
NOT CONTAINED IN ITS CHARTER; OR

(2)    BE THE SAME AS OR MISLEADINGLY SIMILAR TO:

(I) THE NAME OF ANY MARYLAND CORPORATION;

(II)            THE NAME OF ANY FOREIGN CORPORATION
REGISTERED OR QUALIFIED TO DO BUSINESS IN THIS STATE; OR

(III)            ANY NAME WHICH IS RESERVED UNDER
§2-107 OF THIS TITLE OR REGISTERED UNDER §7-101 OF THIS
ARTICLE.

REVISOR'S NOTE: This section presently appears as
Art. 23, §5(a).