Maryland Statutes

§ 3-208

Maryland § 3-208
JurisdictionMaryland
Article gcaCorporations and Associations
Title3

This text of Maryland § 3-208 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 § 3-208 (2026).

Text

(a)Within 50 days after the Department accepts the articles for record, the successor or an objecting stockholder who has not received payment for his stock may petition a court of equity in the county where the principal office of the successor is located or, if it does not have a principal office in this State, where the resident agent of the successor is located, for an appraisal to determine the fair value of the stock.
(b)(1) If more than one appraisal proceeding is instituted, the court shall direct the consolidation of all the proceedings on terms and conditions it considers proper.
(2)Two or more objecting stockholders may join or be joined in an appraisal proceeding.

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Bluebook (online)
Maryland § 3-208, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/3-208.