Maryland Statutes

§ 3-419

Maryland § 3-419
JurisdictionMaryland
Article gcaCorporations and Associations
Title3

This text of Maryland § 3-419 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 § 3-419 (2026).

Text

(a)The voluntary or involuntary dissolution of a corporation does not relieve its stockholders, directors, or officers from any obligation or liability imposed on them by law.
(b)At any time before final ratification of the auditor’s account distributing the assets of the corporation among its creditors and stockholders, any stockholder of a corporation dissolved by the order of a court may plead on behalf of the corporation all defenses, including limitations or laches, in the same manner as could the corporation or its receiver.

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Bluebook (online)
Maryland § 3-419, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/3-419.