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§ 5-6B-24. Notice or delivery by electronic transmission

West's Annotated Code of MarylandCorporations and AssociationsEffective: October 1, 2014

West's Annotated Code of Maryland
Corporations and Associations
Title 5. Special Types of Corporations (Refs & Annos)
Subtitle 6b. Maryland Cooperative Housing Corporation Act (Refs & Annos)
Effective: October 1, 2014
MD Code, Corporations and Associations, § 5-6B-24
§ 5-6B-24. Notice or delivery by electronic transmission
(a) Notwithstanding language contained in the governing documents of a cooperative housing corporation, the cooperative housing corporation may provide notice of a meeting or deliver information to a member by electronic transmission if:
(1) The board of directors of the cooperative housing corporation gives the cooperative housing corporation the authority to provide notice of a meeting or deliver information by electronic transmission;
(2) The member gives the cooperative housing corporation prior written authorization to provide notice of a meeting or deliver information by electronic transmission; and
(3) An officer or agent of the cooperative housing corporation certifies in writing that the cooperative housing corporation has provided notice of a meeting or delivered information to the member.
(b) Notice or delivery by electronic transmission shall be considered ineffective if:
(1) The cooperative housing corporation is unable to deliver two consecutive notices; and
(2) The inability to deliver the electronic transmission becomes known to the person responsible for the sending of the electronic transmission.
(c) The inadvertent failure to deliver notice by electronic transmission does not invalidate any meeting or other action.

Credits

Added as Corporations and Associations § 5-6B-18.3 by Acts 2004, c. 286, § 1, eff. Oct. 1, 2004. Renumbered as Corporations and Associations § 5-6B-24 by Acts 2014, c. 567, § 1, eff. Oct. 1, 2014.

Editors' Notes

HISTORICAL AND STATUTORY NOTES
2004 Legislation
Acts 2004, c. 286, § 1, and Acts 2004, c. 382, § 1, both added § 5-6B-18.3. The section added by Acts 2004, c. 286, § 1, related to notice and delivery by electronic transmission, has been designated as Corporations and Associations § 5-6B-18.3. The section added by Acts 2004, c. 382, § 1, related to examination of books and records, has been designated as Corporations and Associations § 5-6B-18.5.
MD Code, Corporations and Associations, § 5-6B-24, MD CORP & ASSNS § 5-6B-24
Current through all legislation from the 2017 Regular Session of the General Assembly
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