§ 5-5A-25. Plan of division
West's Annotated Code of MarylandCorporations and Associations
MD Code, Corporations and Associations, § 5-5A-25
§ 5-5A-25. Plan of division
(b) The members and stockholders entitled to vote shall approve the plan in the manner provided for amendments to the articles of incorporation. This provision is reserved for the members and may not be the prerogative of the delegates.
(c)(1) Articles of division shall set forth the approved plan and shall be filed and recorded as an amendment to the articles of incorporation.
Credits
Added by Acts 1985, c. 739.
MD Code, Corporations and Associations, § 5-5A-25, MD CORP & ASSNS § 5-5A-25
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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