MARVIN MANDEL, Governor

1699

(A)   CALLING OF ADDITIONAL MEETING.

IF THE NUMBER OF MEMBERS PRESENT AT A PROPERLY
CALLED MEETING OF THE MEMBERS OF A NONSTOCK CORPORATION
IS INSUFFICIENT TO APPROVE A PROPOSED ACTION, ANOTHER
MEETING OF THE MEMBERS MAY BE CALLED FOR THE SAME PURPOSE

IF:

(1)   THE NOTICE OF THE MEETING STATED THAT THE
PROCEDURE AUTHORIZED BY THIS SECTION MIGHT BE INVOKED;
AND

(2)   BY MAJORITY VOTE, THE MEMBERS PRESENT IN
PERSON OR BY PROXY CALL FOR THE ADDITIONAL MEETING.

(B)   NOTICE OF ADDITIONAL MEETING.

FIFTEEN DAYS NOTICE OF THE TIME, PLACE, AND PURPOSE
OF THE ADDITIONAL MEETING SHALL BE GIVEN BY ADVERTISEMENT
IN A NEWSPAPER [[OF GENERAL CIRCULATION]] PUBLISHED IN
THE COUNTY WHERE THE PRINCIPAL OFFICE OF THE CORPORATION
IS LOCATED, THE NOTICE SHALL CONTAIN THE QUORUM AND
VOTING PROVISIONS OF SUBSECTION (C) OF THIS SECTION.

(C)    QUORUM AND VOTING REQUIREMENTS AT ADDITIONAL
MEETING.

AT THE ADDITIONAL MEETING, THE MEMBERS PRESENT IN
PERSON OR BY PROXY CONSTITUTE A QUORUM. A MAJORITY OF
THE MEMBERS PRESENT IN PERSON OR BY PROXY MAY APPROVE OR
AUTHORIZE THE PROPOSED ACTION AT THE ADDITIONAL MEETING
AND MAY TAKE ANY OTHER ACTION WHICH COULD HAVE BEEN TAKEN
AT THE ORIGINAL MEETING IF A SUFFICIENT NUMBER OF MEMBERS
HAD BEEN PRESENT.

REVISOR'S NOTE: This section presently appears as
Art. 23, §135(c).

In subsection (a) of this section, the words
"a properly called meeting" are substituted
for the words "duly called for any lawful
purpose." This is done for emphasis and does
not imply that whenever the term "meeting" is
used in this subtitle or elsewhere it is other
than a properly called meeting.

In subsection (b) of this section, the words
"of general circulation" are substituted for
"published" to conform this section to the
similar publication requirements found
elsewhere in this article and in recognition
of the fact that not every county may hare a
newspaper "published" in it.