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PARRIS N. GLENDENING, Governor
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Ch. 61
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DRAFTER'S NOTE:
Error: Erroneous internal reference in § 3-104(a)(1) of the Corporations
and Associations Article.
Occurred: Ch. 459, Acts of 1999.
3-512.
The reinstatement and extension of a corporation's existence under § 3-501 of
this subtitle or the revival of a corporation's charter under § 3-507 of this subtitle has
the following effects:
(1) If otherwise done within the scope of its charter, all contracts or other
acts done in the name of the corporation while the charter was void are validated, and
the corporation is liable for them; AND
(2) All the assets and rights of the corporation, except those sold or those
of which it was otherwise divested while the charter was void, are restored to the
corporation to the same extent that they were held by the corporation before the
expiration or forfeiture of the charter.
DRAFTER'S NOTE:
Error: Omitted conjunction in § 3-512(1) of the Corporations and
Associations Article.
Occurred: Ch. 311, Acts of 1975.
3-802.
(a) Notwithstanding any other provision in this article except subsection (b) of
this section, this subtitle applies to each corporation that:
(1) Has a class of equity securities registered under the [Federal]
Securities Exchange Act of 1934; and
DRAFTER'S NOTE:
Error: Misnomer in § 3-802(a)(1) of the Corporations and Associations
Article.
Occurred: Ch. 300, Acts of 1999.
9A-1009.
(a) If the Department is satisfied that a limited liability partnership named in
the proclamation has not failed to pay the tax, unemployment insurance
contributions, or reimbursement payments, or file the report [within the period
specified in § 9A-1006] UNDER § 9A-1007 of this subtitle, or that it has been
mistakenly reported to the Department by the State Comptroller or the Secretary of
the Department of Business and Economic Development, the Department may correct
the mistake by filing its proclamation to that effect in its records.
DRAFTER'S NOTE:
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- 497 -
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