Maryland Statutes
Subtitle 2 - Rights of Objecting Stockholders
Section 3-212 - Surrender of Stock

The successor is not required to pay for the stock of an objecting stockholder or to pay a judgment rendered against it in a proceeding for an appraisal unless, simultaneously with payment:
        (1)    The certificates representing the stock are surrendered to it, indorsed in blank, and in proper form for transfer; or
        (2)    Satisfactory evidence of the loss or destruction of the certificates and sufficient indemnity bond are furnished.

Structure Maryland Statutes