THEODORE R. MCKELDIN, GOVERNOR 765

members of such corporation, as well as members of such
governing board and, meeting as such governing board,
may [meet as members of such corporation and] exercise
all of the rights and powers of members thereof.

131.

(b) Notwithstanding any provision of this Article to
the contrary, any corporation of this State without capital
stock, may by its charter or by-laws provide that any
action may be taken or authorized upon the concurrence
of a greater or lesser number or proportion of the votes of
all members or directors entitled to vote, than required for
such action by this Article, and any action taken or au-
thorized in accordance with such charter or by-law pro-
vision shall be valid and effective.

132. (Consolidation or Merger. ) No corporation of this
State without capital stock shall consolidate or merge with
any corporation other than another corporation without
capital stock. Any consolidation or merger of corporations
without capital stock shall be effected in accordance with
the provisions of this Article for consolidation and merger
of stock corporations.

SEC. 2. And be it further enacted, That a new sub-section
be and it is hereby added to Section 131 of Article 23 of
the Annotated Code of Maryland (1951 Edition), title
"Corporations", said new sub-section to be known as Sub-
section (d), to follow immediately after Sub-section (c)
of said Section 131 and to read as follows:

131.

(d) Notwithstanding any provision of this Article to the
contrary, the organization meeting of the board of direc-
tors named in the charter of any corporation of this State,
without capital stock, may be called either by a majority
of the incorporators or by not less than one-third of the
directors named in the charter.

SEC. 3. And be it further enacted, That this Act shall
take effect June 1, 1953.

Approved April 11, 1953.