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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
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 with all legislation from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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