§ 3–114.1
Statutes in effect as of October 1, 2026.
Md. Code Ann., Corps. & Ass'ns § 3-114.1 (2026)
Title 3. Corporations in General -- Extraordinary Actions
Subtitle 1. Consolidation, Merger, and Transfer of Assets
§ 3–114.1LinkCopy Citation
On consummation of a share exchange, the stockholders of the corporation the stock of which is to be acquired are deemed to have exchanged their stock as provided by the articles, without further act, subject to the rights of an objecting stockholder under Subtitle 2 of this title.