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LAWS OF MARYLAND

Ch. 567

(2) The name of the successor and the
location of its principal office in this State or, if it
has none, its principal place of business; and

(3) The time the articles are accepted for
record by the Department.

(b) In addition to any other provision of law with
respect to recording, the Department shall send one of
the certificates to the clerk of the court of each county
in this State, except a county where the articles will be
recorded, where:

(1)    The principal office of a consolidating,
merging, or transferor corporation OR A CORPORATION THE

STOCK OF WHICH IS BEING ACQUIRED IN A SHARE EXCHANGE is
located; and

(2)    The articles show that a merging
corporation other than the successor, a consolidating
corporation, or a transferor corporation owns an interest
in land.

3-113.

(a) If the successor in a consolidation or merger,
or the transferor in a transfer of assets, OR THE
CORPORATION THE STOCK OF WHICH IS TO BE ACQUIRED IN A
SHARE EXCHANGE is a Maryland corporation, a
consolidation, merger, [or] SHARE EXCHANGE, OR transfer
of assets is effective as of the later of:

(1)    The time the Department accepts the
articles of consolidation, merger, SHARE EXCHANGE, or
transfer for record; or

(2)    The time established under the articles,
not to exceed 30 days after the articles are accepted for
record.

3-202.

(a) Except as provided in subsection (c) of this
section, a stockholder of a Maryland corporation has the
right to demand and receive payment of the fair value of
his stock if [the corporation]:

(1)       [Consolidates] THE CORPORATION
CONSOLIDATES or merges with another corporation;

(2)    HIS STOCK IS TO BE ACQUIRED IN A SHARE
EXCHANGE;

[(2)] (3) [Transfers] THE CORPORATION
TRANSFERS its assets in a manner requiring corporate
action under § 3—105 of this title; or

[(3)] (4) [Amends] THE CORPORATION AMENDS its