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§ 2-110. Bylaws, provisions and keeping

West's Annotated Code of MarylandCorporations and AssociationsEffective: October 1, 2009

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, 2009
MD Code, Corporations and Associations, § 2-110
§ 2-110. Bylaws, provisions and keeping
Currentness
Provisions
(a) The bylaws may contain any provisions not inconsistent with law or the charter of the corporation for the regulation and management of the affairs of the corporation.
Classes of directors
(b) The bylaws may divide the directors of the corporation into classes and specify the term of office of each class.
Dependent provisions
(c)(1) In this subsection, “facts ascertainable outside the bylaws” include:
(i) An action or determination by any person, including the corporation, its board of directors, an officer or agent of the corporation, and any other person affiliated with the corporation;
(ii) Any agreement or other document; or
(iii) Any other event.
(2) Any provision of the bylaws permitted under subsection (a) of this section may be made dependent upon facts ascertainable outside the bylaws.

Credits

Added by Acts 1975, c. 311, § 2. Amended by Acts 2000, c. 642, § 1, eff. June 1, 2000; Acts 2009, c. 295, § 1, eff. Oct. 1, 2009; Acts 2009, c. 296, § 1, eff. Oct. 1, 2009.
Formerly Art. 23, §§ 48, 52.
MD Code, Corporations and Associations, § 2-110, MD CORP & ASSNS § 2-110
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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