WILLIAM DONALD SCHAEFER, Governor

Ch. 586

interest in property in addition to or in substitution for
property described in the previously recorded instrument of
writing.

[(h)] (I) "Successor" has the meaning stated in § 1-101(u)
of the Corporations and Associations Article.

[(i)] (J) "Articles of merger" means a document filed with
the Department under § 3-107 or § 10-208 of the Corporations and
Associations Article which evidences a merger involving at least
one Maryland corporation or Maryland limited partnership.

[(j)] (K) "Articles of consolidation" means a document
filed with the Department under § 3-197 of the Corporations and
Associations Article which evidences a consolidation of at least
one Maryland corporation with another corporation to form a new
Maryland corporation.

[(k)] (L) "Documents which evidence the merger or

consolidation of foreign corporations or foreign limited

partnerships" means those documents that are filed or recorded
with:

(1) the Department under § 3-117 of the Corporations
and Associations Article; or

(2) the clerk of the circuit court of a county
evidencing that title to real property has been conveyed through
a merger or consolidation of 2 or more foreign corporations or
foreign limited partnerships.

[(1)] (M) "Subsidiary corporation" includes any corporation
that is a subsidiary of either a parent corporation or any other
subsidiary corporation of the parent corporation.

12-108.

(i) (1) IN THIS SUBSECTION, "PURCHASE MONEY MORTGAGE" OR
"PURCHASE MONEY DEED OF TRUST" MEANS A MORTGAGE OR DEED OF TRUST
THAT:

(I)  IS GIVEN BY THE TRANSFEREE OF REAL PROPERTY
WITH RESPECT TO THE PROPERTY PURCHASED;

(II)  IS DELIVERED AS PART OF THE SAME
TRANSACTION AS THE INSTRUMENT OF WRITING THAT TRANSFERS THE
PROPERTY PURCHASED AND THAT IS SUBJECT TO THE RECORDATION TAX;

(III)  RECITES ON ITS FACE THAT IT SECURES, IN
WHOLE OR IN PART, THE PURCHASE MONEY FOR THE PROPERTY OR
OTHERWISE RECITES ON ITS FACE THAT IT IS A PURCHASE MONEY
MORTGAGE OR PURCHASE MONEY DEED OF TRUST;

- 3609 -