§ 2-704. Notice to stockholders
West's Annotated Code of MarylandCorporations and AssociationsEffective: October 1, 2022
Effective: October 1, 2022
MD Code, Corporations and Associations, § 2-704
§ 2-704. Notice to stockholders
(a) If ratification of a defective corporate act requires approval by stockholders, the secretary of the corporation shall give notice of the proposed ratification to all stockholders entitled to notice of the meeting in accordance with § 2-504 of this title, stockholders as of the date of the defective corporate act, and holders of putative stock.
(b)(1) Except as provided in paragraph (2) of this subsection, if ratification of a defective corporate act does not require approval by stockholders, notice of the ratification may be given to stockholders as of the ratification and as of the date of the defective corporate act and holders of putative stock when the board of directors adopts a resolution in accordance with § 2-702(a) of this subtitle.
(c)(1) Except as provided in paragraph (2) of this subsection, notice given to holders of putative stock in accordance with this section shall be provided to:
Credits
Added by Acts 2022, c. 289, § 1, eff. Oct. 1, 2022; Acts 2022, c. 290, § 1, eff. Oct. 1, 2022.
MD Code, Corporations and Associations, § 2-704, MD CORP & ASSNS § 2-704
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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