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§ 3-111. Preparation and recordation of certificates

West's Annotated Code of MarylandCorporations and AssociationsEffective: October 1, 2018

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
Effective: October 1, 2018
MD Code, Corporations and Associations, § 3-111
§ 3-111. Preparation and recordation of certificates
Currentness
Preparation of certificates
(a) The Department shall prepare certificates of consolidation, merger, or share exchange, as the case may be, that specify:
(1) The name of each party to the articles;
(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.
Copy of certificate to clerk
(b) In addition to any other provision of law with respect to recording, the Department shall send one certificate each to the clerk of the circuit court for each county where the articles show that a merging corporation, partnership, limited partnership, limited liability company, or business trust other than the successor or a consolidating corporation owns an interest in land.
Duty of clerk on receipt of certificate
(c) On receipt of a certificate, a clerk promptly shall record it with the land records.

Credits

Added by Acts 1975, c. 311, § 2, eff. July 1, 1975. Amended by Acts 1976, c. 567, § 2; Acts 1978, c. 255; Acts 1988, c. 550; Acts 1992, c. 536; Acts 1993, c. 265; Acts 1997, c. 654, § 2, eff. July 1, 1998; Acts 2018, c. 720, § 1, eff. Oct. 1, 2018.
Formerly Art. 23, § 66.
MD Code, Corporations and Associations, § 3-111, MD CORP & ASSNS § 3-111
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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