§ 10-912. Law governing merger
West's Annotated Code of MarylandCorporations and Associations
MD Code, Corporations and Associations, § 10-912
§ 10-912. Law governing merger
(a) If a foreign limited partnership that owns property, rights, privileges, franchises, or other assets located in this State is a party to a merger in which a foreign corporation, foreign partnership, foreign limited liability company, or another foreign limited partnership is the successor, the transfer to, vesting in, or devolution on the successor of the property, rights, privileges, franchises, or other assets of the nonsurviving foreign limited partnership is effective as provided by the laws of the place that governs the merger.
(b) The successor shall file with the Department:
(c) If a copy of the document effecting the merger has not been filed with the Department as provided in this title, the successor shall file with the Department an officially certified copy of that document.
(d) When the Department receives the articles and any certificate of the successor, it shall prepare and file certificates of merger in the manner provided for Maryland limited partnerships. However, the certificate of merger need not state the principal office in the State of any successor that does not have a principal office, and the certificate shall include the other information specified in the certificate filed by the successor.
Credits
Added by Acts 1988, c. 550.. Amended by Acts 1997, c. 654, § 2, eff. July 1, 1998; Acts 2000, c. 61, § 1, eff. April 25, 2000.
MD Code, Corporations and Associations, § 10-912, MD CORP & ASSNS § 10-912
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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