Md. Code, Financial Institutions § 3-719

§3–719.

Year: 2026Length: 77 wordsSubsections: 2Official source
(a) The owner of shares of stock that were voted against a consolidation, merger, or transfer of assets is entitled to receive the fair value of those shares, in cash, if the transaction becomes effective. (b) A stockholder who desires to receive payment of the fair value for shares under this section, within 30 days after the transaction becomes effective, shall: (1) Make a written demand on the successor for payment; and (2) Surrender the stock certificates.
Md. Code, Financial Institutions § 3-719: §3–719. | Justis AI