HARRY HUGHES, Governor                                      3043

(1)  The corporation consolidates or merges with
another corporation;

(2)   [His] THE STOCKHOLDER'S stock is to be acquired
in a share exchange;

(3)  The corporation transfers its assets in a manner
requiring corporate action under § 3-105 of this title;

(4)  The corporation amends its charter in a way which
alters the contract rights, as expressly set forth in the
charter, of any outstanding stock and substantially adversely
affects the stockholder's rights, unless the right to do so is
reserved by the charter of the corporation; or

(5)  The transaction is governed by § 3-602 of this
title or exempted by § 3-603(b) of this title.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1985.

Approved May 28, 1985.

CHAPTER 658
(House Bill 834)

AN ACT concerning

Merit System - Employee Grievance Procedure

FOR the purpose of requiring a hearing officer to conduct a

certain hearing in the county in which a grieving State

employee is employed.
FOR the purpose of authorizing the Secretary of Personnel to

conduct regional hearings on certain grievance disputes

under certain circumstances.

BY repealing and reenacting, with amendments,

Article 64A - Merit System

Section 54

Annotated Code of Maryland

(1983 Replacement Volume and 1984 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 64A - Merit System