clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Session Laws, 1976
Volume 734, Page 1494   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

1494                                           LAWS OF MARYLAND                                Ch. 567

(ii) The amendment [only deletes from
the corporate name the word "The" or the name of the city
or county where the corporation was formed] IS LIMITED TO

A CHANGE EXPRESSLY PERMITTED BY §2-605 OF THIS SUBTITLE

TO BE MADE WITHOUT ACTION BY THE STOCKHOLDERS.

2-611.

(a) When [the Department accepts] articles of
amendment [for record] BECOME EFFECTIVE, the amendment
becomes part of the charter of the corporation.

(c) When (the Department accepts] articles of
amendment and restatement [for record] BECOME EFFECTIVE,
they become the charter of the corporation and supersede
all prior charter documents.

3-102.

(a)    A Maryland corporation having capital stock
may:

(1)    Consolidate with one or more other
Maryland or foreign corporations having capital stock to
form a new consolidated corporation;

(2)   Merge into another Maryland or foreign
corporation having capital stock, or have one or more
such corporations merged into it; [or]

(3)   PARTICIPATE IN A SHARE EXCHANGE EITHER:

(I)   AS THE SUCCESSOR; OR

(II)  AS THE CORPORATION THE STOCK OF WHICH IS
TO BE ACQUIRED; OR

[(3)] (4) Transfer its assets.

(b)    The provisions of this subtitle do not repeal,
modify, or affect in any way a restriction or limitation:

(1)   Imposed on a corporation by State or
other applicable law or by a charter provision which
applies to a consolidation, merger, SHARE EXCHANGE, or
transfer of assets; or

(2)    Contained in a franchise granted by the
State or any of its political subdivisions which applies
to a transfer or assignment of the franchise.

3-103.

In a consolidation, [or] merger, OR SHARE EXCHANGE,
stock in a corporation may be exchanged for or converted
into and, in a transfer of assets, assets may be
transferred in consideration of any combination of the
following:

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1976
Volume 734, Page 1494   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  November 18, 2025
Maryland State Archives