MARVIN MANDEL, Governor                               1771

(A)       TIME AND PLACE.

THE ANNUAL MEETING OF THE STOCKHOLDERS SHALL BE HELD
AT THE OFFICE OF THE STATE BANK AT THE TIME AND PLACE THE
BYLAWS SPECIFY.

(B)   NOTICE OF MEETING.

[[(1)]] IN ADDITION TO ANY NOTICE OF THE
ANNUAL MEETING FOR WHICH THE BYLAWS PROVIDE, [[IF THE
MEETING IS HELD AT THE OFFICE OF THE STATE BANK, AT LEAST
TEN DAYS BUT NOT MORE THAN 30 DAYS BEFORE THE MEETING,
THE BOARD OF DIRECTORS SHALL GIVE NOTICE IN A NEWSPAPER
OF GENERAL CIRCULATION IN THE COUNTY WHERE THE STATE BANK
IS LOCATED.

(2) IF THE ANNUAL MEETING IS NOT HELD AT THE
OFFICE OF THE STATE BANK,]] THE BOARD OF DIRECTORS SHALL
GIVE NOTICE OF THE MEETING ONCE EACH WEEK FOR THE THREE
CONSECUTIVE WEEKS IMMEDIATELY PRECEDING THE MEETING IN AT
LEAST ONE NEWSPAPER OR, IF THERE ARE MORE THAN ONE, AT
LEAST TWO NEWSPAPERS [[OF GENERAL CUMULATION]] PUBLISHED
IN THE COUNTY WHERE THE STATE BANK IS LOCATED.

REVISOR'S NOTE: This section is new language derived
from the third and ninth sentences of Art. 11,

§ 34.

The requirement that the annual meeting be
held at the office of the State bank is
deleted as inconsistent with the requirement
that the meeting be held as the bylaws provide
and also with the special provisions for
publication of notice if the annual meeting is
not held at the office.

Subsection (b) of this section is modified to
conform the publication requirements to the
more modern provisions for publication
throughout the Code and, to the extent
possible, to conform the publication
requirements for all banking institutions
under this subtitle.

The provisions of present § 34 which relate to
election of directors are included in
§6-127(e) of this subtitle.

The last sentence of present § 34 is deleted
as obsolete.

6-124. OATH OF STOCKHOLDER BEFORE VOTING.