1756                             Laws of Maryland                      [Ch. 686

or an assistant secretary of the corporation, for the transfer or
corporation, and by the president, a vice-president, the secretary or
an assistant secretary, for the transferee corporation. Where the
transferee is not a corporation, the articles shall be signed and
acknowledged by such transferee.

Sec. 6. And be it further enacted, That Section 77 (b) of said
title and subtitle of said Code, subheading "Dissolution," be and it
is hereby repealed and re-enacted, with amendments, to read as
follows:

77.

(b) The articles of dissolution shall be signed and acknowledged
in the name and on behalf of the corporation by (i) a majority of
the entire board of directors or a majority of the incorporators,
when dissolution is authorized pursuant to this subtitle by the board
of directors or the incorporators, or (ii) in all other cases, by the
president or a vice-president of the corporation [and the corporate
seal shall be affixed and] witnessed or attested by the secretary
or an assistant secretary. In every case the matters and facts set
forth in the articles with respect to the authorization of dissolution
shall be verified under oath by the chairman or the secretary of
the meeting of the board of directors, incorporators or stockholders,
as the case may be, at which the dissolution was authorized, or by
the president, a vice-president, the secretary or an assistant secretary
of the corporation.

Sec. 7. And be it further enacted, That Section 123 of said title
and subtitle of said Code, subheading "Miscellaneous," be and it is
hereby repealed and re-enacted, with amendments, to read as follows:

123.

A corporation may acknowledge any instrument by law to be
acknowledged, by its appointed attorney [appointed under its seal],
and such appointment may be embodied in the deed, or such instru-
ment may be acknowledged by the president or any vice-president
of such corporation without such appointment.

SEC. 8. AND BE IT FURTHER ENACTED, THAT NEW SEC-
TION 5A BE AND IT IS HEREBY ADDED TO ARTICLE 23 TO
READ AS FOLLOWS:

5A.

WHENEVER ANY CORPORATION IS REQUIRED TO AFFIX
THE CORPORATE SEAL TO ANY DOCUMENT, IT SHALL BE
SUFFICIENT, AND SHALL FULFILL THE REQUIREMENTS
OF ANY PROVISION OF MARYLAND LAW DEALING WITH
THE AFFIXATION OF THE CORPORATE SEAL TO INSTEAD
PLACE THE WORD "(SEAL)" ADJACENT TO THE SIGNA-
TURE OF THE AUTHORIZED OFFICER OF THE CORPORA-
TION. WHENEVER ANY MARYLAND CORPORATION IS RE-
QUIRED TO AFFIX THE CORPORATE SEAL TO ANY DOCU-
MENT, IT SHALL BE SUFFICIENT, AND SHALL FULFILL
THE REQUIREMENTS OF ANY PROVISIONS OF ANY LAW,
RULE, OR REGULATION DEALING WITH THE AFFIXATION