§5–702.

    (a)    A charitable or religious Maryland nonstock corporation may petition a court of equity for a decree under § 5–209 of this title if:

        (1)    The dissolution of the corporation involves provisions for disposition of assets under § 5–208(b)(2) or (3) of this title; or

        (2)    A consolidation, merger, or transfer of assets of the corporation under § 5–207 of this title involves similar provisions for the successor corporation.

    (b)    The failure to petition a court of equity and obtain a decree does not affect the otherwise valid actions of the corporation in dissolution, consolidation, or merger, or in a transfer of assets.