<?xml version='1.0' encoding='utf-8'?>
<section article="gca" article_name="Corporations and Associations" number="3-204" title_number="3" title_name="Corporations in General -- Extraordinary Actions" subtitle_number="2" subtitle_name="Rights of Objecting Stockholders">
  <text>A stockholder who demands payment for his stock under this subtitle:</text>
  <level label="1">
    <text>Has no right to receive any dividends or distributions payable to holders of record of that stock on a record date after the close of business on the day as at which fair value is to be determined under § 3-202 of this subtitle; and</text>
  </level>
  <level label="2">
    <text>Ceases to have any rights of a stockholder with respect to that stock, except the right to receive payment of its fair value.</text>
  </level>
</section>
