§ 3-116
32 words·~1 min read·
/md/corporations-and-associations/3-116·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§3–116.
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.