Md. Code, Corp. & Ass'ns § 4-601

Current with changes from the 2024 Legislative Session
Section 4-601 - Consolidation, merger, share exchange, or transfer of assets
(a) Subject to subsection (b) of this section, a consolidation, merger, share exchange, transfer of assets, or conversion of a close corporation shall be made in accordance with the provisions of Title 3 of this article.
(b) Approval of a proposed consolidation or merger, a transfer of assets, a conversion, or an acquisition of stock in a share exchange requires the affirmative vote of every stockholder of the close corporation.

Md. Code, CA § 4-601

Amended by 2023 Md. Laws, Ch. 560, Sec. 1, eff. 10/1/2023.