§ 2-210. Stock certificates, issuance
West's Annotated Code of MarylandCorporations and AssociationsEffective: October 1, 2023
Effective: October 1, 2023
MD Code, Corporations and Associations, § 2-210
§ 2-210. Stock certificates, issuance
(a) Except as provided in subsections (b) and (c) of this section, each stockholder is entitled to stock certificates that represent and certify the shares of stock the stockholder holds in the corporation.
(c)(1) Unless the charter or bylaws provide otherwise, the board of directors of a corporation may authorize the issue of some or all of the shares of any or all of its classes or series without certificates.
Credits
Added by Acts 1975, c. 311, § 2, eff. July 1, 1975. Amended by Acts 1976, c. 567, § 2; Acts 1986, c. 720; Acts 1993, c. 624; Acts 1997, c. 14, § 1, eff. April 8, 1997; Acts 2008, c. 292, § 1, eff. June 1, 2008; Acts 2019, c. 288, § 1, eff. Oct. 1, 2019; Acts 2023, c. 560, § 1, eff. Oct. 1, 2023.
Formerly Art. 23, § 27.
MD Code, Corporations and Associations, § 2-210, MD CORP & ASSNS § 2-210
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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