Maryland Statutes
§ 5-104
Maryland § 5-104
This text of Maryland § 5-104 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 § 5-104 (2026).
Text
(a)A professional corporation may not render a professional service or engage in an activity other than the professional service authorized by its articles of incorporation.
(b)Except as provided in subsection (c) of this section, subsection (a) of this section does not prohibit a professional corporation from investing its funds in real estate, mortgages, securities, or any other type of investment.
(c)A professional corporation may not, through any investment, subsidiary, or other means, engage or participate in the active management of any entity, association, or venture whose business purpose is not reasonably related to the rendering of a professional service authorized by its articles of incorporation.
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Bluebook (online)
Maryland § 5-104, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/5-104.