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§ 3-310. Notice and place of annual meetings

West's Annotated Code of MarylandFinancial Institutions

West's Annotated Code of Maryland
Financial Institutions
Title 3. Banking Institutions--Commercial Banks
Subtitle 3. Capital Stock; Surplus Requirements; Stockholders (Refs & Annos)
MD Code, Financial Institutions, § 3-310
§ 3-310. Notice and place of annual meetings
Currentness
In general
(a) The annual meeting of the stockholders of a commercial bank shall be held at the time and place that the bylaws provide.
Form and requirements of notice
(b)(1) In addition to any other required notice, at least one notice of the annual meeting shall be published at least 10 days before the meeting in a newspaper published or circulated in the county where the commercial bank has its principal banking office.
(2) The board of directors need not publish notice of the annual meeting if every stockholder entitled to vote at the meeting executes a written waiver of the notice before the date set for the publication.

Credits

Added by Acts 1980, c. 33, § 2, eff. July 1, 1980. Amended by Acts 1982, c. 882; Acts 1984, c. 277.
MD Code, Financial Institutions, § 3-310, MD FIN INST § 3-310
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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