Maryland Statutes

§ 3-408

Maryland § 3-408
JurisdictionMaryland
Article gcaCorporations and Associations
Title3

This text of Maryland § 3-408 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Md. Code Ann., Corporations and Associations § 3-408 (2026).

Text

(a)Except as provided in subsection (b) of this section, the corporation is dissolved on the later of:
(1)The time the Department accepts the articles of dissolution for record; or
(2)The time established under the articles, not to exceed 30 days after the articles are accepted for record.
(b)The corporation continues to exist for the purpose of paying, satisfying, and discharging any existing debts or obligations, collecting and distributing its assets, and doing all other acts required to liquidate and wind up its business and affairs.

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Bluebook (online)
Maryland § 3-408, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/3-408.