Maryland Articles of Revival For Domestic Corporation are documents filed with the Maryland State Department of Assessments and Taxation to revive a domestic corporation that has been administratively dissolved. The articles can be filed by the original incorporates of the corporation, its current officers, or its registered agent. This document includes the name of the corporation, the date of dissolution, the date of revival, the name and address of the registered agent, and the names and addresses of the current officers. There are three types of Maryland Articles of Revival for Domestic Corporation: Articles of Revival, Articles of Revival and Amendment, and Articles of Revival and Merger.
Maryland Articles of Revival For Domestic Corporation
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Articles Of Revival For Domestic Corporation
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FAQ
Entities can only be dissolved by filing formal Articles of Dissolution, Cancellation or Termination with the Charter Division. The entity does not want to remain active. What needs to be done? Nothing, if the entity did not own any personal property in Maryland.
In order to maintain Good Standing status, it is important that you file required annual reports and maintain compliance with any applicable Maryland laws. Failing to do so means your entity may be ?Not in Good Standing,? which eventually leads to forfeiture.
Forfeiture is the process that allows the Department to remove inactive entities that have not legally terminated their authority to do business in Maryland or to notify active entities of an existing oversight in meeting legal filing requirements.
A domestic LLC or corporation is a business that is formed within its home (domestic) state. Foreign qualification is when a legal entity conducts business in a state or jurisdiction other than the one in which it was originally formed. (It is not to be confused with being a business in a foreign country.)
To revive a Maryland LLC, you'll need to file the Articles or Certificate of Reinstatement with the Maryland State Department of Assessments and Taxation (SDAT). You'll also have to fix the issues that led to your Maryland LLC's dissolution and, in some cases, obtain a Maryland tax clearance certificate.
Articles of Incorporation in Maryland are state documents required for a corporation's formation. These documents outline basic information, such as a corporation's name and purpose. If you form an LLC, these documents are called Articles of Organization.
So, you've got a forfeited LLC. Under Maryland law, your entity does not legally exist. That is, until you get sued. Many LLC members do not realize that they can be forced to defend a lawsuit against the LLC even after forfeiture.
?Forfeited? means the right of the entity to conduct business in the State of Maryland has been relinquished and it has no right to use its name. For domestic corporations, this also means that the business has no existence under the laws of the State of Maryland.