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Session Laws, 1975
Volume 716, Page 1695   View pdf image
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MARVIN MANDEL, Governor

1695

repeal, modify, restrict, or limit," No
substantive change is intended.

The only other changes are in style.

5-121. EFFECT ON LAWS RELATING TO INCORPORATIONS, SALES
OF SECURITIES, AND REGULATION OF PROFESSIONS.

THIS SUBTITLE DOES NOT ALTER ANY PROVISION OF LAW
WHICH RELATES TO INCORPORATION, SALE OF SECURITIES, OR
THE REGULATION OF PROFESSIONS EXCEPT TO THE EXTENT THAT
THESE LAWS CONFLICT WITH THE PROVISIONS OF THIS SUBTITLE.

REVISOR'S NOTE: This section presently appears as
Art. 23, §444.

The reference in present §444 to "the several
professions enumerated in this subtitle" has
been deleted as there are no professions
specifically enumerated.

In this section, the word "alter" is
substituted for the words "repealing,
modifying or restricting" as it includes all
these words.

The only other changes are in style.

5-122. SHORT TITLE.

THIS SUBTITLE MAY BE CITED AS THE MARYLAND
PROFESSIONAL SERVICE CORPORATION ACT.

REVISOR'S NOTE: This section presently appears as
Art. 23, §430.

The word "Maryland" has been added to conform
with other short titles and to distinguish
references to this subtitle from references to
the professional corporation acts of other
states.

SUBTITLE 2. NONSTOCK CORPORATIONS.

5-201. APPLICATION OF PROVISIONS REGULATING STOCK
CORPORATIONS.

THE PROVISIONS OF THIS ARTICLE GOVERNING
CORPORATIONS IN GENERAL APPLY TO NONSTOCK CORPORATIONS
UNLESS:

(1) THE CONTEXT OF THE PROVISIONS CLEARLY REQUIRES
OTHERWISE; OR

 

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Session Laws, 1975
Volume 716, Page 1695   View pdf image
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