Md. Code, Corps. & Ass'ns § 3-102

(a) A Maryland corporation having capital stock may: (1) Consolidate with one or more other Maryland or foreign corporations having capital stock to form a new consolidated corporation; (2) Merge into another Maryland or foreign corporation having capital stock, or have one or more such corporations merged into it; (3) Merge into a domestic or foreign business trust having transferable units of beneficial interest, or have one or more such business trusts merge into it; (4) Merge into a domestic or foreign limited partnership, or have one or more domestic or foreign limited partnerships merged into it; (5) Merge into a domestic or foreign limited liability company, or have one or more domestic or foreign limited liability companies merged into it; (6) Merge into a domestic or foreign partnership, or have one or more domestic or foreign partnerships merged into it; (7) Participate in a share exchange either: (i) As the successor; or (ii) As the corporation the stock of which is to be acquired; or (8) Transfer its assets. (b) The provisions of this subtitle do not repeal, modify, or affect in any way a restriction or limitation: (1) Imposed on a corporation by State or other applicable law or by a charter provision which applies to a consolidation, merger share exchange, or transfer of assets; or (2) Contained in a franchise granted by the State or any of its political subdivisions which applies to a transfer or assignment of the franchise.