§5–132.

    A licensing unit may direct the Department to suspend or revoke the articles of incorporation of a professional corporation if:

        (1)    All stockholders of the professional corporation have at any one time become disqualified persons;

        (2)    The professional corporation knowingly employs or retains in its employment a licensed person who, for any reason, becomes legally disqualified to render the professional service that the professional corporation was organized to render;

        (3)    The professional corporation violates any applicable rule or regulation adopted by the licensing unit regulating a profession named in the professional corporation’s articles of incorporation; or

        (4)    The professional corporation violates any statute applicable to a professional corporation.