§ 3-103
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/md/corporations-and-associations/3-103·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§3–103.
In a consolidation, merger, or share exchange, stock in a corporation may be exchanged for or converted into and, in a transfer of assets, assets may be transferred in consideration of any one or more of the following:
(1)Stock, evidence of indebtedness, partnership or limited liability company interests, or other securities of the successor or any other corporation or entity, whether or not a party to the transaction;
(2)Other tangible or intangible property;
(3)Money; and
(4)Any other consideration.