{"data":{"id":"us-md/md.-code-financial-institutions-3-719","jurisdiction":"us-md","citation":"Md. Code, Financial Institutions § 3–719","heading":"","body":"(a) The owner of shares of stock that were voted against a consolidation, merger, or transfer of assets is entitled to receive the fair value of those shares, in cash, if the transaction becomes effective.\n(b) A stockholder who desires to receive payment of the fair value for shares under this section, within 30 days after the transaction becomes effective, shall:\n(1) Make a written demand on the successor for payment; and\n(2) Surrender the stock certificates.","path":["Article - Financial Institutions"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi\u0026section=3-719","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:58:27Z","sha256":"a90124ea8a1263eac032307b0d7df3ebc7da732338abea651fed079c21c58c15","source_id":"us-md","stale":false,"prev":"us-md/md.-code-financial-institutions-3-718","next":"us-md/md.-code-financial-institutions-3-720"},"notice":"GroundRules: Original legal text. Not legal advice."}
