Unannotated Code of Maryland (Last Updated: May 16, 2014) |
CORPORATIONS AND ASSOCIATIONS |
TITLE 12. STATUTORY TRUSTS |
SUBTITLE 6. MERGER OR CONSOLIDATION. |
§ 12-608. Certificates of merger or consolidation
Latest version.
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(a) Preparation; specifications. -- The Department shall prepare certificates of merger or consolidation that specify:
(1) The name of each party to the articles of merger or consolidation;
(2) The name of the successor and the location of its principal office in the State or, if it has none, its principal place of business; and
(3) The time the articles of merger or consolidation are accepted for record by the Department.
(b) Clerk of circuit court to receive. -- In addition to any other provision of law with respect to recording, the Department shall send one certificate each to the clerk of the circuit court for each county where the articles show that a merging or consolidating statutory trust, corporation, partnership, limited partnership, or limited liability company other than the successor owns an interest in land.
(c) Recording. -- On receipt of a certificate, a clerk promptly shall record it with the land records.