Maryland Statutes
§ 5-111
Maryland § 5-111
This text of Maryland § 5-111 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 § 5-111 (2026).
Text
(a)A stockholder of a professional corporation may transfer or pledge stock, fractional stock, and rights or options to purchase stock of the corporation only to a qualified person.
(b)A transfer of stock made in violation of subsection (a) of this section, except a transfer made by operation of law or by court judgment, is void.
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Bluebook (online)
Maryland § 5-111, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/5-111.