2013 Maryland Code
CORPORATIONS AND ASSOCIATIONS
§ 4A-702 - Approval of merger


MD Corp & Assn Code § 4A-702 (2013) What's This?

(a) In general. -- The proposed merger shall be approved in the manner provided by this section.

(b) Corporation. -- A corporation shall approve the merger under the provisions of § 3-105 of this article.

(c) Business trust. -- A business trust shall approve the merger under the provisions of § 8-501.1 or § 12-602 of this article.

(d) Partnership. -- A partnership shall approve the merger under the provisions of § 9A-902 of this article.

(e) Limited partnership. -- A limited partnership shall approve the merger under the provisions of § 10-208 of this article.

(f) Domestic limited liability company. -- Unless otherwise agreed, a domestic limited liability company shall approve the merger by the consent of the members holding at least two-thirds of the interest in profits of the limited liability company as determined under § 4A-503 of this subtitle.

(g) Foreign limited liability company. -- A foreign limited liability company party to the merger shall have the merger advised, authorized, and approved in the manner and by the vote required by the laws of the place where it is organized.

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