Maryland Statutes

§ 3-719

Maryland § 3-719
JurisdictionMaryland
Article gfiFinancial Institutions
Title3

This text of Maryland § 3-719 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., Financial Institutions § 3-719 (2026).

Text

(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.

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Bluebook (online)
Maryland § 3-719, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gfi/3-719.