There is a newer version of the Maryland Code
Maryland Corporations and Associations Section 3-212
§ 3-212.
  The successor is not required to pay for the stock of an objecting stockholder or to pay a judgment rendered against it in a proceeding for an appraisal unless, simultaneously with payment:
    (1)   The certificates representing the stock are surrendered to it, indorsed in blank, and in proper form for transfer; or
    (2)   Satisfactory evidence of the loss or destruction of the certificates and sufficient indemnity bond are furnished.
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