There is a newer version of the Maryland Code
2013 Maryland Code
CORPORATIONS AND ASSOCIATIONS
§ 3-116 - Waiver of exemptions
MD Corp & Assn Code § 3-116 (2013) What's This?
§3-116.
A Maryland corporation which consolidates, merges, or transfers its assets waives all claim to any exemption from:
(1) Taxation granted by its charter; and
(2) Repeal or modification of its charter.
Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
