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Session Laws, 1975
Volume 716, Page 1615   View pdf image
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MARVIN MANDEL, Governor

1615

ASSETS OF THE TRANSFEROR; AND

(2) IN THE CASE OF A NONCORPORATE TRANSFEREE
WHICH IS A NONRESIDENT OF THE STATE, THE NAME AND ADDRESS
OF A RESIDENT AGENT OF THE TRANSFEREE IN THIS STATE.

REVISOR'S NOTE: This section combines without

substantive change the provisions presently

appearing as Art. 23, §§ 68(a), 69(a), and
70(a).

Subsection (a) of this section contains the
general provisions required to be included in
articles of consolidation, articles of merger,
and articles of transfer.

Subsection (a) (6) of this section is redrafted
to avoid repeating the procedure for approval
of a consolidation, merger, or transfer.
Those procedures are spelled out in §§ 3—105
and 3—107.

Subsection (b) of this section contains those
provisions peculiar to articles of
consolidation; subsection (c) contains those
peculiar to articles of merger; and subsection
(d) contains those peculiar to articles of
transfer.

Throughout this section, reliance is made on
the definitions contained in Title 1 of this
article for "address," "articles of transfer,"
"assets," "resident agent," and "transfer
assets," as well as the definitions contained
in § 3—101 for "interest in land" and "foreign
corporation."

With respect to service of process on a
resident agent, see Title 1 of this article.

3-110. EXECUTION OF ARTICLES.

ARTICLES OF CONSOLIDATION, MERGER, OR TRANSFER SHALL
BE EXECUTED FOR EACH PARTY TO THE ARTICLES IN THE MANNER
REQUIRED BY TITLE 1 OF THIS ARTICLE.

REVISOR'S NOTE: This section combines without
substantive change the provisions presently
appearing as Art. 23, §§ 68(b), 69(b), and
70(b).

The detailed provisions governing the
execution of articles are deleted as
unnecessary since they are now covered in

 

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Session Laws, 1975
Volume 716, Page 1615   View pdf image
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