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§ 3-114.1. Consummation of share exchange

West's Annotated Code of MarylandCorporations and Associations

West's Annotated Code of Maryland
Corporations and Associations
Title 3. Corporations in General--Extraordinary Actions (Refs & Annos)
Subtitle 1. Consolidation, Merger, and Transfer of Assets
MD Code, Corporations and Associations, § 3-114.1
§ 3-114.1. Consummation of share exchange
On consummation of a share exchange, the stockholders of the corporation the stock of which is to be acquired are deemed to have exchanged their stock as provided by the articles, without further act, subject to the rights of an objecting stockholder under Subtitle 2 of this title.

Credits

Added by Acts 1976, c. 567, § 4.
MD Code, Corporations and Associations, § 3-114.1, MD CORP & ASSNS § 3-114.1
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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