{"data":{"id":"us-md/md.-code-corporations-and-associations-4-601","jurisdiction":"us-md","citation":"Md. Code, Corporations and Associations § 4–601","heading":"","body":"(a) Subject to subsection (b) of this section, a consolidation, merger, share exchange, transfer of assets, or conversion of a close corporation shall be made in accordance with the provisions of Title 3 of this article.\n(b) Approval of a proposed consolidation or merger, a transfer of assets, a conversion, or an acquisition of stock in a share exchange requires the affirmative vote of every stockholder of the close corporation.","path":["Article - Corporations and Associations"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca\u0026section=4-601","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:43Z","sha256":"4b36c5b1152461d0835a33be5e9a9aacc756ff98992ef216d00015357afc1adb","source_id":"us-md","stale":false,"prev":"us-md/md.-code-corporations-and-associations-4-504","next":"us-md/md.-code-corporations-and-associations-4-602"},"notice":"GroundRules: Original legal text. Not legal advice."}
