1890

LAWS OF MARYLAND

[Ch. 311

The only other changes are in style.

7-104. ACTIVITIES NOT CONSIDERED INTRASTATE,
INTERSTATE, OR FOREIGN BUSINESS.

IN ADDITION TO ANY OTHER ACTIVITIES WHICH MAY NOT
CONSTITUTE DOING INTRASTATE, INTERSTATE, OR FOREIGN
BUSINESS IN THIS STATE, FOR THE PURPOSES OF THIS ARTICLE,
THE FOLLOWING ACTIVITIES OF A FOREIGN CORPORATION DO NOT
CONSTITUTE DOING INTRASTATE, INTERSTATE, OR FOREIGN
BUSINESS IN THIS STATE:

(1)    FORECLOSING MORTGAGES AND DEEDS OF TRUST ON
PROPERTY IN THIS STATE;

(2)   AS A RESULT OF DEFAULT UNDER A MORTGAGE OR DEED
OF TRUST, ACQUIRING TITLE TO PROPERTY IN THIS STATE BY
FORECLOSURE, DEED IN LIEU OF FORECLOSURE, OR OTHERWISE;

(3)    HOLDING, PROTECTING, RENTING, MAINTAINING, AND
OPERATING PROPERTY IN THIS STATE SO ACQUIRED; AND

(4)   SELLING OR TRANSFERING THE TITLE TO PROPERTY
IN THIS STATE SO ACQUIRED TO ANY PERSON, INCLUDING THE
FEDERAL HOUSING ADMINISTRATION OR THE VETERANS
ADMINISTRATION.

REVISOR'S NOTE: This section presently appears as
Art. 23, §88(c).

In the introductory paragraph to this section,
reference to doing "foreign" business is added
to correct an apparently inadvertent omission
in the present statute. There would appear to
be no reason why the enumerated activities
would not constitute interstate business, yet
be considered to constitute foreign business.
Indeed, for purposes of the registration and
other "doing business" requirements of this
title, interstate and foreign business are
consistently treated without distinction.
Furthermore, inclusion of this reference
conforms to the policy considerations which
underlie the enactment of present Art. 23,
§88 (c), as set forth in the preamble to Ch.
486, Acts of 1957.

In item (4) of this section, references to the
respective federal agencies are substituted
for the titles of their heads.

The only other changes are in style.

7-105. ASSENT TO STATE LAWS.