Maryland Statutes

§ 3-103

Maryland·Article gca Corporations and Associations·Title 3

In a consolidation, merger, or share exchange, stock in a corporation may be exchanged for or converted into and, in a transfer of assets, assets may be transferred in consideration of any one or more of the following:

(1)Stock, evidence of indebtedness, partnership or limited liability company interests, or other securities of the successor or any other corporation or entity, whether or not a party to the transaction;
(2)Other tangible or intangible property;
(3)Money; and
(4)Any other consideration.

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Nearby Sections

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§ 3-101
§ 3-101
§ 3-102
§ 3-102
§ 3-103
§ 3-103
§ 3-104
§ 3-104
§ 3-105
§ 3-105
§ 3-106
§ 3-106
§ 3-106.1
§ 3-106.1
§ 3-106.2
§ 3-106.2
§ 3-107
§ 3-107
§ 3-108
§ 3-108
§ 3-109
§ 3-109
§ 3-110
§ 3-110
§ 3-111
§ 3-111
§ 3-112
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§ 3-113
§ 3-113
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