clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Session Laws, 1999
Volume 796, Page 2846   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

(B)  THE SEPARATE EXISTENCE OF EACH BUSINESS TRUST, CORPORATION,
PARTNERSHIP, LIMITED PARTNERSHIP, OR LIMITED LIABILITY COMPANY PARTY TO
THE ARTICLES, EXCEPT THE SUCCESSOR, CEASES.

(C) THE SHARES OF EACH BUSINESS TRUST PARTY TO THE ARTICLES WHICH
ARE TO BE CONVERTED OR EXCHANGED UNDER THE TERMS OF THE ARTICLES
CEASE TO EXIST, SUBJECT TO THE RIGHTS OF AN OBJECTING SHAREHOLDER UNDER
THIS SUBTITLE.

(D) IN ADDITION TO ANY OTHER PURPOSES AND POWERS SET FORTH IN THE
ARTICLES, IF THE ARTICLES PROVIDE, THE SUCCESSOR HAS THE PURPOSES AND
POWERS OF EACH PARTY TO THE ARTICLES.

(E) (1) THE ASSETS OF EACH PARTY TO THE ARTICLES, INCLUDING ANY
LEGACIES WHICH IT WOULD HAVE BEEN CAPABLE OF TAKING, TRANSFER TO, VEST
IN, AND DEVOLVE ON THE SUCCESSOR WITHOUT FURTHER ACT OR DEED.

(2) CONFIRMATORY DEEDS, ASSIGNMENTS, OR SIMILAR INSTRUMENTS
TO EVIDENCE THE TRANSFER MAY BE EXECUTED AND DELIVERED AT ANY TIME IN
THE NAME OF THE TRANSFERRING PARTY TO THE ARTICLES BY ITS LAST ACTING
OFFICERS OR TRUSTEES OR BY THE APPROPRIATE OFFICERS OR TRUSTEES OF THE
SUCCESSOR

(F) (1) THE SUCCESSOR IS LIABLE FOR ALL THE DEBTS AND OBLIGATIONS
OF EACH NONSURVIVING PARTY TO THE ARTICLES. AN EXISTING CLAIM, ACTION, OR
PROCEEDING PENDING BY OR AGAINST ANY NONSURVIVING PARTY TO THE
ARTICLES MAY BE PROSECUTED TO JUDGMENT AS IF THE MERGER HAD NOT TAKEN
PLACE, OR, ON MOTION OF THE SUCCESSOR OR ANY PARTY, THE SUCCESSOR MAY BE
SUBSTITUTED AS A PARTY AND THE JUDGMENT AGAINST THE NONSURVIVING PARTY
TO THE ARTICLES CONSTITUTES A LIEN ON THE PROPERTY OF THE SUCCESSOR

(2) A MERGER DOES NOT IMPAIR THE RIGHTS OF CREDITORS OR ANY
LIENS ON THE PROPERTY OF ANY BUSINESS TRUST, CORPORATION, PARTNERSHIP,
LIMITED PARTNERSHIP, OR LIMITED LIABILITY COMPANY PARTY TO THE ARTICLES.

SUBTITLE 7. FEES.

12-701.

(A) THE FOLLOWING FEES SHALL BE PAID TO AND COLLECTED BY THE
DEPARTMENT FOR THE USE OF THE STATE
;

(1) ON RECEIPT FOR FILING AN APPLICATION FOR RESERVATION OF
NAME, AN APPLICATION FOR RENEWAL OF RE
SERVATION, OR NOTICE OF TRANSFER
OF RESERVATION UNDER § 12-205 OF THI
S TITLE A FEE IN THE AMOUNT OF $16;

ON RECEIPT FOR FILING A CERTIFICATE OF TRUST, A CERTIFICATE
OF AMENDMENT, A CERTIFICATE OF MERGER OR CONSOLIDATION, A FEE IN THE
AMOUNT OF
$50;

(3) FOR CERTIFYING COPIES OF ANY PAPER ON FILE AS PROVIDED FOR
BY THIS TITLE, A FEE IN THE AMOUNT OF
$6 FOR EACH COPY CERTIFIED; AND

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1999
Volume 796, Page 2846   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact msa.helpdesk@maryland.gov.

©Copyright  October 11, 2023
Maryland State Archives