§ 3-103. Consideration for stock or assets

MD Corp & Assn Code § 3-103 (2019) (N/A)
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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.