WILLIAM DONALD SCHAEFER, Governor                        H.B. 1297

(2)      PROHIBIT A LICENSED INDIVIDUAL FROM RENDERING
PROFESSIONAL SERVICES IN HIS INDIVIDUAL CAPACITY ALTHOUGH HE IS A
STOCKHOLDER, DIRECTOR, OFFICER, EMPLOYEE, OR AGENT OF A DOMESTIC OR
FOREIGN PROFESSIONAL CORPORATION; OR

(3)      PROHIBIT AN INDIVIDUAL LICENSED IN ANOTHER STATE FROM
RENDERING PROFESSIONAL SERVICES FOR A DOMESTIC OR FOREIGN
PROFESSIONAL CORPORATION IN THE STATE IF NOT PROHIBITED BY THE
LICENSING UNIT IN THE STATE WITH JURISDICTION OVER THE PROFESSIONAL
SERVICE.

5-106.

(A)     THE NAME OF A DOMESTIC PROFESSIONAL CORPORATION OR OF A
FOREIGN PROFESSIONAL CORPORATION AUTHORIZED TO TRANSACT BUSINESS IN
THE STATE MUST:

(1)      SATISFY THE REQUIREMENTS OF § 2-106(B) OF THIS ARTICLE; AND

(2)      CONTAIN THE WORDS "PROFESSIONAL CORPORATION",
"PROFESSIONAL ASSOCIATION", OR "CHARTERED", OR THE ABBREVIATIONS "P.C.",
"P.A.", OR "CHTD.".

(B)      EXCEPT FOR WORDS SPECIFIED IN SUBSECTION (A)(2) OF THIS SECTION, A
PROFESSIONAL CORPORATION MAY NOT USE IN ITS CORPORATE NAME ANY OTHER
WORD, ABBREVIATION, AFFIX, OR PREFIX WHICH INDICATES THAT IT IS A
CORPORATION.

(C)      A PROFESSIONAL CORPORATION NEED NOT USE ANY WORD SPECIFIED
UNDER SUBSECTION (A)(2) OF THIS SECTION IN ITS CORPORATE NAME IF:

(1)      THE CORPORATION HAS REGISTERED THE NAME TO BE USED IN
THE MANNER PROVIDED IN § 1-406 OF THIS ARTICLE; AND

(2)      THE NAME IS THE SAME AS ITS CORPORATE NAME EXCEPT FOR THE
PERMITTED OMISSIONS.

5-107.

THE NAME OF A DOMESTIC PROFESSIONAL CORPORATION OR A FOREIGN
PROFESSIONAL CORPORATION AUTHORIZED TO TRANSACT BUSINESS IN THE STATE
SHALL CONTAIN THE SURNAME OF ONE OR MORE STOCKHOLDERS OF THE
CORPORATION UNLESS:

(1)      THE NAME OF THE CORPORATION IS APPROVED BY THE
APPROPRIATE LICENSING UNIT;

(2)      A CERTIFICATE OF AUTHORIZATION FOR USE OF THE CORPORATE
NAME IS ISSUED TO THE CORPORATION OR TO ITS INCORPORATOR BY THE
APPROPRIATE LICENSING UNIT; AND

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