(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 RESERVATION, OR NOTICE OF TRANSFER
OF RESERVATION UNDER § 12-205 OF THIS 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
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