Maryland Statutes
§ 3-206
Maryland § 3-206
This text of Maryland § 3-206 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Corporations and Associations § 3-206 (2026).
Text
(a)The rights of a stockholder who demands payment are restored in full, if:
(1)The demand for payment is withdrawn;
(2)A petition for an appraisal is not filed within the time required by this subtitle;
(3)A court determines that the stockholder is not entitled to relief; or
(4)The transaction objected to is abandoned or rescinded.
(b)The restoration of a stockholder’s rights entitles him to receive the dividends, distributions, and other rights he would have received if he had not demanded payment for his stock. However, the restoration does not prejudice any corporate proceedings taken before the restoration.
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Bluebook (online)
Maryland § 3-206, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/3-206.