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§ 2-212. Seal and signature on certificates

West's Annotated Code of MarylandCorporations and AssociationsEffective: October 1, 2017

West's Annotated Code of Maryland
Corporations and Associations
Title 2. Corporations in General--Formation, Organization, and Operation (Refs & Annos)
Subtitle 2. Issuance of Securities
Effective: October 1, 2017
MD Code, Corporations and Associations, § 2-212
§ 2-212. Seal and signature on certificates
Signatures
(a) Each stock certificate shall be signed by the president, a vice president, the chief executive officer, the chief operating officer, the chief financial officer, the chairman of the board, or the vice chairman of the board and countersigned by the secretary, an assistant secretary, the treasurer, an assistant treasurer, or any other officer.
Seal
(b) Each certificate which represents any stock, bond, note, guaranty, obligation, or other corporate security:
(1) May be sealed with the actual corporate seal or a facsimile of it or in any other form; and
(2) The signatures may be either manual or facsimile signatures.
Officers
(c) A certificate described in this section is valid and may be issued whether or not an officer who signed it is still an officer when it is issued.

Credits

Added by Acts 1975, c. 311, § 2, eff. July 1, 1975. Amended by Acts 2004, c. 516, § 1, eff. June 1, 2004; Acts 2017, c. 674, § 2, eff. Oct. 1, 2017.
Formerly Art. 23, §§ 27, 127A.
MD Code, Corporations and Associations, § 2-212, MD CORP & ASSNS § 2-212
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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