Home Table of Contents

§ 3-706. Notice of special meeting

West's Annotated Code of MarylandCorporations and Associations

West's Annotated Code of Maryland
Corporations and Associations
Title 3. Corporations in General--Extraordinary Actions (Refs & Annos)
Subtitle 7. Voting Rights of Certain Control Shares
MD Code, Corporations and Associations, § 3-706
§ 3-706. Notice of special meeting
Currentness
In general
(a) If a special meeting of stockholders is requested, notice of the special meeting shall be given as promptly as reasonably practicable by the corporation to all stockholders of record as of the record date set for the meeting, whether or not the stockholder is entitled to vote at the meeting.
Notice requirements
(b) Notice of the special or annual meeting of stockholders at which the voting rights are to be considered shall include or be accompanied by the following:
(1) A copy of the acquiring person statement delivered to the corporation under § 3-703 of this subtitle; and
(2) A statement by the board of directors of the corporation setting forth the position or recommendation of the board, or stating that the board is taking no position or making no recommendation, with respect to the issue of voting rights to be accorded the control shares.

Credits

Added by Acts 1989, c. 51.
MD Code, Corporations and Associations, § 3-706, MD CORP & ASSNS § 3-706
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document