Maryland Statutes

§ 3-212

Maryland § 3-212
JurisdictionMaryland
Article gcaCorporations and Associations
Title3

This text of Maryland § 3-212 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 § 3-212 (2026).

Text

The successor is not required to pay for the stock of an objecting stockholder or to pay a judgment rendered against it in a proceeding for an appraisal unless, simultaneously with payment:

(1)The certificates representing the stock are surrendered to it, indorsed in blank, and in proper form for transfer; or
(2)Satisfactory evidence of the loss or destruction of the certificates and sufficient indemnity bond are furnished.

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Bluebook (online)
Maryland § 3-212, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/3-212.