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§ 2-115. Electronic transmission of corporate communication, consent, or request

West's Annotated Code of MarylandCorporations and AssociationsEffective: October 1, 2019

West's Annotated Code of Maryland
Corporations and Associations
Title 2. Corporations in General--Formation, Organization, and Operation (Refs & Annos)
Subtitle 1. Formation and Powers
Effective: October 1, 2019
MD Code, Corporations and Associations, § 2-115
§ 2-115. Electronic transmission of corporate communication, consent, or request
Currentness
In general
(a) This section applies to the electronic transmission, by means of an electronic network or database, including a distributed electronic network or database, of any communication, consent, or request under this title, including:
(1) A statement of the information, in accordance with § 2-210(c) of this title;
(2) An annual statement of the affairs of a corporation, in accordance with § 2-313(b) of this title;
(3) Corporate documents, in accordance with § 2-512 of this title; and
(4) Any notice to a stockholder.
When electronic transmission is effective
(b) An electronic transmission described under subsection (a) of this section is not effective until the later of:
(1) The posting of the information to the electronic network or database; or
(2) The giving of a separate notice to the intended recipient of the information that the information has been posted to the electronic network or database.

Credits

Added by Acts 2019, c. 288, § 1, eff. Oct. 1, 2019.
MD Code, Corporations and Associations, § 2-115, MD CORP & ASSNS § 2-115
Current through legislation effective through July 1, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document