There is a newer version of the Maryland Code
Maryland Corporations and Associations Section 12-603
§ 12-603.
  In connection with a merger or consolidation, rights or securities of, or interests in, a business trust or other business entity which is a constituent party to the merger or consolidation may be exchanged for or converted into cash, property, rights, or securities of, or interests in, the surviving or resulting business trust or any other, whether or not a party to the transaction. Notwithstanding prior approval, an agreement of merger or consolidation may be terminated or amended under a provision for the termination or amendment contained in the agreement of merger or consolidation.
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