§7–301.

    If a foreign corporation is doing or has done any intrastate, interstate, or foreign business in this State without complying with the requirements of Subtitle 2 of this title, neither the corporation nor any person claiming under it may maintain a suit in any court of this State unless it shows to the satisfaction of the court that:

        (1)    The foreign corporation or the person claiming under it has paid the penalty specified in § 7-302 of this subtitle; and

        (2)    Either:

            (i)    The foreign corporation or a foreign corporation successor to it has complied with the requirements of Subtitle 2 of this title; or

            (ii)    The foreign corporation and any foreign corporation successor to it are no longer doing intrastate, interstate, or foreign business in this State.