2804

LAWS OF MARYLAND

Ch. 807

(2)  THE NAME AND ADDRESS OF EACH OFFICE OF THE
CONSTITUENT BANKS AND OF THE SUCCESSOR;

(3)  THE NAME AND RESIDENCE ADDRESS OF EACH
INDIVIDUAL WHO WILL BE A DIRECTOR WHEN THE PROPOSED
TRANSACTION BECOMES EFFECTIVE;

(4)  THE NAME AND RESIDENCE ADDRESS OF EACH
INDIVIDUAL WHO WILL BE AN OFFICER WHEN THE PROPOSED
TRANSACTION BECOMES EFFECTIVE;

(5) [(2)] A certified copy of the approving
resolution of each board of directors, showing the required
approval by the board; and

(6) [(3)] Evidence of proper action by the board
of directors of any constituent national banking
association.

3-708.

(b) (1) In addition to any other required notice, the
directors of each constituent bank shall give 2 weeks'
public notice of the meeting of stockholders.

(2)  The public notice shall be published ONCE in
at least[:

(i) Two daily newspapers published in
Baltimore City, if the constituent bank has its principal
banking office there; or

(ii) One] ONE newspaper published in the
county where the constituent bank has its principal banking
office.

(3)  Each notice of the meeting of stockholders
shall state that objecting stockholders will be entitled to
payment of the fair value of only those shares of stock that
are voted against approval of the agreement.

[3-709.

Unless the agreement specifies a later date, a
consolidation, merger, or transfer of assets approved by the
Bank Commissioner becomes effective on the filing with the
Bank Commissioner of:

(1)  The executed agreement; and

(2)  A copy of the resolution of the stockholders
of each constituent bank, certified by its president or vice
president and by its secretary.]

3-710.