§ 4-507. Attendance at board meetings
West's Annotated Code of MarylandFinancial Institutions
MD Code, Financial Institutions, § 4-507
§ 4-507. Attendance at board meetings
(a) Each director of a savings bank shall attend at least one half of the regularly scheduled board meetings that are held during the director's term of office.
(b)(1) Any director who fails to attend meetings of the board of directors as required by this section is disqualified automatically from serving as director for a succeeding term.
Credits
Added by Acts 1980, c. 33, § 2, eff. July 1, 1980. Amended by Acts 1996, c. 326, § 2, eff. July 1, 1996.
MD Code, Financial Institutions, § 4-507, MD FIN INST § 4-507
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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