Unannotated Code of Maryland (Last Updated: May 16, 2014) |
CORPORATIONS AND ASSOCIATIONS |
TITLE 4A. LIMITED LIABILITY COMPANY ACT |
SUBTITLE 7. MERGER |
§ 4A-705. Rights of objector
Latest version.
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(a) Nature of rights. -- Unless otherwise agreed, a member of a limited liability company objecting to a merger of the limited liability company has the same rights with respect to the member's membership interest in the limited liability company as a stockholder of a Maryland corporation who objects to a merger of the corporation has with respect to the stockholder's stock under Title 3, Subtitle 2 of this article.
(b) Procedures. -- The procedures under Title 3, Subtitle 2 of this article shall be applicable to the extent practicable.