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§ 4A-702. Manner of approval of merger

West's Annotated Code of MarylandCorporations and AssociationsEffective: October 1, 2012

West's Annotated Code of Maryland
Corporations and Associations
Title 4a. Limited Liability Company Act (Refs & Annos)
Subtitle 7. Merger
Effective: October 1, 2012
MD Code, Corporations and Associations, § 4A-702
§ 4A-702. Manner of approval of merger
Currentness
Approval
(a) The proposed merger shall be approved in the manner provided by this section.
Corporate approval
(b) A corporation shall approve the merger under the provisions of § 3-105 of this article.
Business trust approval
(c) A business trust shall approve the merger under the provisions of § 8-501.1 or § 12-602 of this article.
Partnership approval
(d) A partnership shall approve the merger under the provisions of § 9A-902 of this article.
Limited partnership approval
(e) A limited partnership shall approve the merger under the provisions of § 10-208 of this article.
Domestic limited liability company approval
(f) Unless otherwise agreed, a domestic limited liability company shall approve the merger by the consent of the members holding at least two-thirds of the interest in profits of the limited liability company as determined under § 4A-503 of this title.
Foreign limited liability company approval
(g) A foreign limited liability company party to the merger shall have the merger advised, authorized, and approved in the manner and by the vote required by the laws of the place where it is organized.

Credits

Added by Acts 1992, c. 536. Amended by Acts 1997, c. 654, § 2, eff. July 1, 1998; Acts 2002, c. 570, § 1, eff. Oct. 1, 2002; Acts 2004, c. 25, § 1, eff. April 13, 2004; Acts 2012, c. 599, § 1, eff. Oct. 1, 2012; Acts 2012, c. 600, § 1, eff. Oct. 1, 2012; Acts 2014, c. 45, § 5.
MD Code, Corporations and Associations, § 4A-702, MD CORP & ASSNS § 4A-702
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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