Md. Code, Corporations and Associations § 3-103

Md. Code, Corporations and Associations § 3-103
in effect
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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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca&section=3-103&enactments=falseFetched: 10/16/2026