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§ 5-203. Method for calling organization meeting

West's Annotated Code of MarylandCorporations and Associations

West's Annotated Code of Maryland
Corporations and Associations
Title 5. Special Types of Corporations (Refs & Annos)
Subtitle 2. Nonstock Corporations
MD Code, Corporations and Associations, § 5-203
§ 5-203. Method for calling organization meeting
Currentness
Notwithstanding the provisions of Title 2 of this article, the organization meeting of the board of directors named in the charter of a nonstock corporation may be called by either:
(1) A majority of the incorporators; or
(2) Not less than one third of the directors named in the charter.

Credits

Added by Acts 1975, c. 311, § 2, eff. July 1, 1975.
Formerly Art. 23, § 135.
MD Code, Corporations and Associations, § 5-203, MD CORP & ASSNS § 5-203
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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