Md. Code, Corporations and Associations § 5-132
Md. Code, Corporations and Associations § 5-132
in effectA licensing unit may direct the Department to suspend or revoke the articles of incorporation of a professional corporation if:
(1) All stockholders of the professional corporation have at any one time become disqualified persons;
(2) The professional corporation knowingly employs or retains in its employment a licensed person who, for any reason, becomes legally disqualified to render the professional service that the professional corporation was organized to render;
(3) The professional corporation violates any applicable rule or regulation adopted by the licensing unit regulating a profession named in the professional corporation’s articles of incorporation; or
(4) The professional corporation violates any statute applicable to a professional corporation.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca§ion=5-132&enactments=falseFetched: 10/16/2026