PARRIS N. GLENDENING, Governor                              Ch. 654

(2)     THE NAME OF THE SUCCESSOR AND THE LOCATION OF ITS
PRINCIPAL OFFICE IN THIS STATE OR, IF IT HAS NONE, ITS PRINCIPAL PLACE OF
BUSINESS; AND

(3)     THE TIME THE ARTICLES OF MERGER ARE ACCEPTED FOR RECORD
BY THE DEPARTMENT.

(B)     IN ADDITION TO ANY OTHER PROVISION OF LAW WITH RESPECT TO
RECORDING, THE DEPARTMENT SHALL SEND ONE OF THE CERTIFICATES OF
MERGER TO THE CLERK OF THE CIRCUIT COURT OF EACH COUNTY IN THE STATE
WHERE THE ARTICLES OF MERGER SHOW THAT A MERGING PARTNERSHIP, LIMITED
LIABILITY COMPANY, LIMITED PARTNERSHIP, CORPORATION OR BUSINESS TRUST
OTHER THAN THE SUCCESSOR OWNS AN INTEREST IN LAND.

(C)     ON RECEIPT OF A CERTIFICATE, A CLERK PROMPTLY SHALL RECORD IT
WITH THE LAND RECORDS.

9-907. PROPERTY CERTIFICATE.

(A)    THE DEPARTMENT SHALL REQUIRE A PARTNERSHIP, LIMITED LIABILITY
COMPANY, LIMITED PARTNERSHIP, CORPORATION, OR BUSINESS TRUST TO SUBMIT
WITH THE ARTICLES OF MERGER A PROPERTY CERTIFICATE FOR EACH COUNTY
WHERE A MERGING PARTNERSHIP, LIMITED LIABILITY COMPANY, LIMITED
PARTNERSHIP, CORPORATION, OR BUSINESS TRUST OTHER THAN THE SUCCESSOR
OWNS AN INTEREST IN LAND.

(B)     A PROPERTY CERTIFICATE IS NOT REQUIRED WITH RESPECT TO ANY
PROPERTY IN WHICH THE ONLY INTEREST OWNED BY THE MERGING PARTNERSHIP,
LIMITED LIABILITY COMPANY, LIMITED PARTNERSHIP, CORPORATION, OR BUSINESS
TRUST IS A SECURITY INTEREST.

(C)     THE PROPERTY CERTIFICATE:

(1)     SHALL BE IN THE FORM AND NUMBER OF COPIES THAT THE
DEPARTMENT REQUIRES; AND

(2)     MAY INCLUDE THE CERTIFICATE OF THE DEPARTMENT REQUIRED
BY § 9-906 OF THIS SUBTITLE.

(D)    (1) THE PROPERTY CERTIFICATE SHALL PROVIDE A DEED REFERENCE
OR OTHER DESCRIPTION SUFFICIENT TO IDENTIFY THE PROPERTY.

(2) THE DEPARTMENT SHALL:

(I)      INDICATE ON THE PROPERTY CERTIFICATE THE TIME THAT
ARTICLES OF MERGER ARE ACCEPTED FOR RECORD; AND

(II)     SEND A COPY OF THE PROPERTY CERTIFICATE TO THE CHIEF
ASSESSOR OF THE COUNTY WHERE THE PROPERTY IS LOCATED.

(E)     A TRANSFER, VESTING, OR DEVOLUTION OF TITLE TO THE PROPERTY IS
NOT INVALIDATED OR OTHERWISE AFFECTED BY ANY ERROR OR DEFECT IN THE

- 3721 -