Md. Code, Corp. & Ass'ns § 3-116

Current with changes from the 2024 Legislative Session

Section 3-116 - Waiver of exemptions

A Maryland corporation which consolidates, merges, or transfers its assets waives all claim to any exemption from:

(1) Taxation granted by its charter; and

(2) Repeal or modification of its charter.

Md. Code, CA § 3-116