Md. Code, Corporations and Associations § 3-116

Md. Code, Corporations and Associations § 3-116
in effect
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A Maryland corporation which consolidates, merges, or transfers its assets waives all claim to any exemption from: (1) Taxation granted by its charter; and (2) Repeal or modification of its charter.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca&section=3-116&enactments=falseFetched: 10/16/2026

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