Md. Code, Corp. & Ass'ns § 5-111

Current with changes from the 2024 Legislative Session, chs. 2-121
Section 5-111 - Transfer of stock
(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.

Md. Code, CA § 5-111