§ 5-110

Md. Code, Corporations and Associations § 5-110, under Article — Corporations and Associations.

Md. Code, Corporations and Associations § 5-110

The following statement must appear in conspicuous type on each stock certificate issued by a professional corporation:

“The transfer of stock of a professional corporation is restricted by the Maryland Professional Service Corporation Act and is subject to further restriction imposed from time to time by the licensing unit. Stock of a professional corporation is also subject to a statutory compulsory repurchase obligation.”