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Section 3-204 - Effect of Demand on Dividend and Other Rights — Maryland Law | CourtGPT
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  7. Section 3-204 - Effect of Demand on Dividend and Other Rights
Maryland Legal Code

Section 3-204 - Effect of Demand on Dividend and Other Rights

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A stockholder who demands payment for his stock under this subtitle: (1) Has no right to receive any dividends or distributions payable to holders of record of that stock on a record date after the close of business on the day as at which fair value is to be determined under § 3-202 of this subtitle; and (2) Ceases to have any rights of a stockholder with respect to that stock, except the right to receive payment of its fair value.