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§ 5-308. Plan or charter amendment

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 3. Religious Corporations
Part I. In General
MD Code, Corporations and Associations, § 5-308
§ 5-308. Plan or charter amendment
Currentness
Amendment
(a) A religious corporation may amend its plan or charter as provided in this section.
Requirements
(b) A majority of the trustees of a religious corporation proposing to amend its plan or charter shall:
(1) Adopt a resolution which declares that the amendment is advisable; and
(2) Call a meeting of the adult members of the religious corporation to vote on the amendment.
Notice
(c) Ten days written notice of the time, place, and purpose of the meeting shall be given to each adult member of the religious corporation by:
(1) Delivering it to him in person;
(2) Leaving it at his residence or usual place of business; or
(3) Mailing it to him at his address as it appears in the record book.
Approval
(d) The proposed amendment shall be approved by the affirmative vote of a majority of the adult members present at the meeting.

Credits

Added by Acts 1975, c. 311, § 2, eff. July 1, 1975.
Formerly Art. 23, § 264.
MD Code, Corporations and Associations, § 5-308, MD CORP & ASSNS § 5-308
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.
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