MARVIN MANDEL, Governor

1501

(1)   TO THE EXTENT THAT RIGHTS CONFERRED BY A
SPECIAL ACT OF THE GENERAL ASSEMBLY ARE INCONSISTENT WITH
PROVISIONS OF THIS ARTICLE, THE RIGHTS CONFERRED BY THE
SPECIAL ACT GOVERN.

(2)     UNLESS THE SPECIAL ACT PROVIDES
OTHERWISE, THE PROVISIONS OF THIS ARTICLE WHICH ARE OF
GENERAL APPLICABILITY MAY BE USED AS AN ALTERNATIVE TO
ANY OF THESE INCONSISTENT PROVISIONS.

(C)    ARTICLE IS IN ADDITION TO OTHER REQUIREMENTS.

THE REQUIREMENTS OF THIS ARTICLE ARE IN ADDITION TO
AND NOT IN SUBSTITUTION OF ANY OTHER REQUIREMENTS OF LAW
RELATING TO ANY PARTICULAR CORPORATION OR CLASS OF
CORPORATION.

(D)  INCONSISTENCY BETWEEN ARTICLE AND PROVISIONS
RELATING TO PARTICULAR CLASSES OF CORPORATIONS;
EXCEPTION.

(1)   TO THE EXTENT THAT ANY PROVISION OF THE
CODE WHICH RELATES TO A SPECIFIC CLASS OF CORPORATIONS
CONFLICTS WITH A GENERAL PROVISION OF THIS ARTICLE, THE
SPECIFIC PROVISION GOVERNS.

(2)    ANY MARYLAND CORPORATION THAT CONDUCTS
ITS OPERATIONS ENTIRELY OUTSIDE THE STATE MAY BE FORMED
AND MANAGED UNDER THE GENERAL PROVISIONS OF THIS ARTICLE
WITHOUT REGARD TO THE PROVISIONS RELATING TO PARTICULAR
CLASSES OF CORPORATIONS.

(E)   CHARTERS SUBJECT TO REPEAL OR MODIFICATION.

THE CHARTER OF EVERY CORPORATION FORMED BEFORE JUNE
1, 1951, WHICH IS SUBJECT TO REPEAL OR MODIFICATION, AND
THE CHARTER OF EVERY CORPORATION FORMED UNDER THIS
ARTICLE IS SUBJECT TO REPEAL OR MODIFICATION BY PUBLIC
GENERAL LAW OF THE GENERAL ASSEMBLY.

REVISOR'S NOTE: This section presently appears as
Art. 23, §1.

Present Art. 23, §1(b), (f), and (i) are
proposed for repeal as obsolete.

Present Art. 23, §1(h), which is a
severability provision, is deleted since Art.
1, §23 provides for the severability of all
statutes enacted after July 1, 1973.

In subsection (a) of this section, the phrases
"existing on June 1, 1951, and all
corporations thereafter formed," and "done on