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§ 5-6B-25.1. Meetings conducted by telephone conference, video conference, or similar electroni...

West's Annotated Code of MarylandCorporations and AssociationsEffective: June 1, 2021

West's Annotated Code of Maryland
Corporations and Associations
Title 5. Special Types of Corporations (Refs & Annos)
Subtitle 6b. Maryland Cooperative Housing Corporation Act (Refs & Annos)
Effective: June 1, 2021
MD Code, Corporations and Associations, § 5-6B-25.1
§ 5-6B-25.1. Meetings conducted by telephone conference, video conference, or similar electronic means
Authorization; equipment requirements; notice
(a)(1) Notwithstanding language contained in the governing documents of the cooperative housing corporation, the board of directors may authorize any meetings of the cooperative housing corporation, the board of directors, or a committee of the cooperative housing corporation to be conducted or attended by telephone conference, video conference, or similar electronic means.
(2) If a meeting is conducted by telephone conference, video conference, or similar electronic means, the equipment or system used must permit any member, board member, or committee member in attendance to hear and be heard by all other members participating in the meeting.
(3) A link or instructions on how to access the meeting by telephone conference, video conference, or similar electronic means shall be included in the notice of the meeting.
(4) No specific authorization from members shall be required to hold a meeting electronically.
Members deemed present for quorum and voting
(b) Any member, board member, or committee member attending a meeting by telephone conference, video conference, or similar electronic means shall be deemed present for quorum and voting purposes.
Voting; ballots
(c)(1)(i) Any matter requiring a vote of the cooperative housing corporation may be set by the board of directors for a vote at the meeting, and a ballot may be delivered to members with notice of the meeting.
(ii) Only those members present during the telephone conference, video conference, or similar electronic meeting shall be authorized to vote a ballot in accordance with this subsection.
(iii) Members who are not present at the meeting may:
1. Vote by proxy in accordance with the requirements of the governing documents and this title; and
2. Be considered present for quorum purposes through their proxy.
(2)(i) The board of directors may set a reasonable deadline for return of a ballot to the cooperative housing corporation, including return by electronic transmission.
(ii) The deadline for return of the ballot shall be not later than 24 hours after the conclusion of the meeting.
Nominations from floor not required
(d) Notwithstanding language contained in the governing documents of the cooperative housing corporation, nominations from the floor at the meeting are not required if at least one candidate has been nominated to fill each open board position.
Validity despite technical difficulties
(e) The inability of a member to join a meeting due to technical difficulties with the member's telephone, computer, or other electronic device does not invalidate the meeting or any action taken at the meeting.

Credits

Added by Acts 2021, c. 523, § 1, eff. June 1, 2021; Acts 2021, c. 524, § 1, eff. June 1, 2021.
MD Code, Corporations and Associations, § 5-6B-25.1, MD CORP & ASSNS § 5-6B-25.1
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.
End of Document