Articles of Revival for the Charter of a Maryland Corporation - Maryland

Articles of Revival for the Charter of a Maryland Corporation is a legal document that was released by the Maryland Department of Assessments and Taxation - a government authority operating within Maryland.

FAQ

Q: What is the purpose of the Articles of Revival?A: The purpose of the Articles of Revival is to reinstate a Maryland corporation that has been administratively dissolved or forfeited.

Q: When is a corporation considered administratively dissolved or forfeited?A: A corporation is considered administratively dissolved or forfeited when it fails to comply with certain filing requirements or pay required fees.

Q: What is the process for filing Articles of Revival?A: The process for filing Articles of Revival involves submitting the necessary documents and paying the required fees to the Maryland Department of Assessments and Taxation.

Q: Can any corporation apply for revival?A: Yes, any corporation that has been administratively dissolved or forfeited can apply for revival.

Q: Are there any time limits for filing Articles of Revival?A: Yes, there are time limits for filing Articles of Revival. It must be filed within 5 years from the date of administrative dissolution or forfeiture.

Q: What are the consequences of not filing Articles of Revival?A: If Articles of Revival are not filed within the time limits, the corporation's existence may be permanently terminated.

Q: What documents are required for filing Articles of Revival?A: The documents required for filing Articles of Revival include a completed Application for Charter Revival, a Certificate of Good Standing, and any required supporting documents.

Q: Are there any fees associated with filing Articles of Revival?A: Yes, there are fees associated with filing Articles of Revival. The exact fee amount depends on the specific circumstances of the corporation.

Q: Can a corporation continue its operations while the Articles of Revival are being processed?A: In most cases, a corporation can continue its operations while the Articles of Revival are being processed, as long as it meets certain requirements.

Q: How long does it take for the Articles of Revival to be processed?A: The processing time for Articles of Revival can vary depending on various factors, but it generally takes several weeks to complete.