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Session Laws, 1972
Volume 708, Page 1753   View pdf image
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Marvin Mandel, Governor                       1753

Ordinary Course of Business;" Section 77 (b) of said title and
subtitle of said Code, subheading "Dissolution;" and Section 123
of said title and subtitle of said Code, subheading "Miscellaneous,"
to eliminate the requirement that the corporate seal be affixed to
CERTAIN corporate instruments.

Section 1. Be it enacted by the General Assembly of Maryland,
That Sections 5A, 12 (b) and 13 (d) of Article 23 of the Annotated
Code of Maryland (1966 Replacement Volume and 1971 Supplement),
title "Corporations," subtitle "I. Stock Corporations," subheading
"Charter Amendments," be and they are hereby repealed and re-
enacted, with amendments, to read as follows:

12.

(b) The articles of amendment shall be signed and acknowledged
in the name and on behalf of the corporation by the president or a
vice-president, [the corporate seal shall be affixed and] witnessed or
attested by the secretary or an assistant secretary, and the matters
and facts set forth in said articles with respect to approval shall be
verified under oath by the chairman or secretary of the meeting at
which such amendment was approved, or by the president, a vice-
president, the secretary or an assistant secretary of the corporation.

13.

(d) The articles of restatement of the charter shall be signed and
acknowledged in the name and on behalf of the corporation by the
president or a vice-president, [the corporate seal shall be affixed and]
witnessed or attested by the secretary or an assistant secretary, and
the matters and facts set forth in said articles of restatement of the
charter with respect to authorization thereof by the board of directors
shall be verified under oath by the chairman or the secretary of the
meeting of the board of directors at which such restatement of the
charter was authorized, or by the president, a vice-president, the
secretary or an assistant secretary.

Sec. 2. And be it further enacted, That Section 16 (b) of Article
23 of the Annotated Code of Maryland (1966 Replacement Volume
and 1971 Supplement), title "Corporations," subtitle "I. Stock Cor-
porations," subheading "Extension of Existence," be and it is hereby
repealed and re-enacted, with amendments, to read as follows:

16.

(b) The articles of extension shall be signed and acknowledged in
the name and on behalf of the corporation by the president or a vice-
president, [the corporate seal shall be affixed and] witnessed or
attested by the secretary or an assistant secretary, and the matters
and facts set forth in said articles with respect to approval shall be
verified under oath by the chairman or secretary of the meeting at
which such revival and extension was approved, or by the president,
a vice-president, the secretary or an assistant secretary of the
corporation.

Sec. 3. And be it further enacted, That Sections 18 (b), 27 (b),
and 35 (c) of said title and subtitle of said Code, subheading "Capital
Stock and Stockholders," be and they are hereby repealed and re-
enacted, with amendments, to read as follows:

 

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Session Laws, 1972
Volume 708, Page 1753   View pdf image
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