Md. Code Ann., Corps. & Ass'ns § 4A-705
Objector, nature of rights
Effective Oct 1, 2012Added by Acts 1992, c. 536. Amended by Acts 2012, c. 599, § 1, eff. Oct. 1, 2012; Acts 2012, c. 600, § 1, eff. Oct. 1, 2012.State of Maryland
- (a) 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) The procedures under Title 3, Subtitle 2 of this article shall be applicable to the extent practicable.
Added by Acts 1992, c. 536. Amended by Acts 2012, c. 599, § 1, eff. Oct. 1, 2012; Acts 2012, c. 600, § 1, eff. Oct. 1, 2012.