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Session Laws, 1994
Volume 773, Page 99   View pdf image
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WILLIAM DONALD SCHAEFER, Governor

Ch. 3

5-124.

The Attorney General may commence a proceeding under [§ 3-514] § 3-513 of this
article to dissolve a professional corporation if:

(1)     The Department or a licensing unit with jurisdiction over a professional
service described in the corporation's articles of incorporation serves written notice on
the corporation that it has violated or is violating a provision of this subtitle;

(2)     The corporation does not, within 60 days after service of the notice,
correct the alleged violation or demonstrate to the Department or licensing authority that
the violation has not occurred; and

(3)     The Department or licensing unit certifies to the Attorney General:
(i) A description of the violation;

(ii) That it notified the corporation of the violation; and

(iii) That within 60 days after service of notice, the corporation did not
correct the violation or demonstrate that it did not occur.

DRAFTER'S NOTE:

Error: Erroneous cross-reference in § 5-124 of the Corporations and
Associations Article.

Occurred: Ch. 413, Acts of 1993.

9-603.

(b) On the application of the purchaser of a partner's interest under § 9-504 or
[§ 9-505] § 9-505, the court shall decree a dissolution:

(1)     After the termination of the specified term or particular understanding;

(2)     At any time if the partnership was a partnership at will when the interest
was assigned or when the charging order was issued.

DRAFTER'S NOTE:

Error: Stylistic error in § 9-603(b) of the Corporations and Associations
Article.

Occurred: Ch. 311, Acts of 1975.

- 99 -

 

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Session Laws, 1994
Volume 773, Page 99   View pdf image
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