MARVIN MANDEL, Governor                           2557

Approved April 22, 1975.

CHAPTER 520
(House Bill 822)

AN ACT concerning

Corporations — Board of Directors

FOR the purpose of requiring that notice of Meetings of
boards of directors be given in writing under
certain circumstances.

BY repealing and re—enacting, with amendments,

Article — Corporations and Associations
Section 2-409(b)
Annotated Code of Maryland

(As enacted by Chapter ____ (SB 330) of the

Acts of the General Assembly of 1975)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 2—409(b) of Article - Corporations
and Associations, of the Annotated Code of Maryland (As

enacted by Chapter ____ (SB 330) of the Acts of the

General Assembly of 1975) be and it is hereby repealed
and re—enacted, with amendments, to read as follows:

Article — Corporations and Associations

2-409.

(b) Notice of meeting.

(1) Notice of each meeting of the Board of

Directors shall be given as provided in the bylaws.

(2) Unless the bylaws provide otherwise, the
notice [need]:

(I)         SHALL BE IN WRITING; AND

(II)     NEED not state the business to be
transacted at or the purpose of any regular or special
meeting of the Board of Directors.