§ 14-113. Validity of corporate deeds
West's Annotated Code of MarylandReal PropertyEffective: October 1, 2018
Effective: October 1, 2018
MD Code, Real Property, § 14-113
§ 14-113. Validity of corporate deeds
(a) Any deed by a Maryland corporation, having an effective date before October 1, 2018, containing a certification by the person executing the deed on behalf of the corporation to the effect that the grant is not part of a transaction in which there is a sale, lease, exchange, or other transfer of all or substantially all of the property and assets of the corporation, shall be considered valid and effective whether or not there has been compliance with the procedures of Title 3, Subtitle 1 of the Corporations and Associations Article despite the fact the grant is in fact part of such a transaction.
Credits
Added by Acts 1974, c. 12, § 2, eff. July 1, 1974. Amended by Acts 1975, c. 374, § 16; Acts 1979, c. 286; Acts 1984, c. 235; Acts 2018, c. 720, § 1, eff. Oct. 1, 2018.
Formerly Art. 21, § 14-113.
MD Code, Real Property, § 14-113, MD REAL PROP § 14-113
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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