MARVIN MANDEL, Governor                              1641

(5)    A STATEMENT THAT DISSOLOTION OF THE
CORPORATION WAS APPROVED IN THE MANNER AND BY THE VOTE
REQUIRED BY LAW AND BY THE CHARTER OF THE CORPORATION,
AND A STATEMENT OF THE MANNER OF APPROVAL;

(6)    A STATEMENT THAT NOTICE OF THE APPROVED
DISSOLUTION WAS MAILED TO ALL KNOWN CREDITORS OF THE
CORPORATION AND THE DATE OF THE MAILING, OR A STATEMENT
THAT THE CORPORATION HAS NO KNOWN CREDITORS;

(7)     ALL OTHER PROVISIONS WHICH THE
CORPORATION CONSIDERS NECESSARY TO DISSOLVE; AND

(8)    A STATEMENT THAT THE CORPORATION IS
DISSOLVED.

(B) EXECUTION OF ARTICLES.

(1)   IF THE DISSOLUTION IS AUTHORIZED UNDER
§3-402 OF THIS SUBTITLE, A MAJORITY OF THE INCORPORATORS
OR A MAJORITY OF THE ENTIRE BOARD OF DIRECTORS, AS THE
CASE MAY BE, SHALL EXECUTE ARTICLES OF DISSOLOTION FOR
THE CORPORATION IN THE MANNER REQUIRED BY TITLE 1 OF THIS
ARTICLE.

(2)    IN ALL OTHER CASES, ARTICLES OF
DISSOLUTION SHALL BE EXECUTED BY THE PERSONS AND IN THE
MANNER REQUIRED BY TITLE 1 OF THIS ARTICLE.

REVISOR'S NOTE: This section presently appears as
Art. 23, §77(a) and (b).

References to "post-office" addresses are
deleted. Sec. 1—101 of this article defines
"address" as meaning post office address.

In subsection (a)(2) of this section, the
provisions relating to service of process on
resident agents are deleted as unnecessary in
light of Title 1 of this article.

Subsection (a)(5) of this section has been
rewritten to avoid repeating the procedure for
authorization of dissolution. That procedure
is spelled out in §3—402.

Subsection (a) (7) of this section is redrafted
to make clear that only such additional
provisions as "the corporation" considers
necessary need be included in the articles.

In subsection (b)(1) of this section, the
specifics relating to execution of the
articles, except for those unique to this