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Session Laws, 1976
Volume 734, Page 1488   View pdf image
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1488

LAWS OF MARYLAND

Ch. 567

(1)    The name of the corporation THAT ISSUES
IT;

(2)   The name of the stockholder OR OTHER
PERSON TO WHOM IT IS ISSUED; and

(3)    The class of stock and number of shares
[represented by the certificate] IT REPRESENTS.

(c)[(1) A summary of the information required by
subsection (b) of this section, as included in a
registration statement permitted to become effective
under the Federal Securities Act of 1933, is an
acceptable summary for the purposes of this section.

(2) ] Instead of a full statement or summary
OF THE INFORMATION REQUIRED BY SUBSECTION (B) OF THIS
SECTION, the certificate may state that the corporation
will furnish a full statement of the REQUIRED information
[required by subsection (b) of this section] to any
stockholder on request and without charge.

2-216.

(a)   A director or officer of a corporation may not
knowingly and willfully:

[change in the membership thereof or share ownership
therein; nor shall any tible securities of the
corporation;] (1) AUTHORIZE OR CONSENT TO THE ISSUANCE
OF UNAUTHORIZED STOCK OR CONVERTIBLE SECURITIES OF THE
CORPORATION;

(2)    Authorize or consent to the issuance of
stock or convertible securities of the corporation except
in conformity with the provisions of law which relate to
the issuance; or

(3)    Falsely make or consent to the making of
any required entry in the books of the corporation with
respect to the issuance of stock or convertible
securities of the corporation.

2-310.

(b)   Subject to the provisions of its charter and §
2—311 of this subtitle, if authorized by its board of
directors, a corporation may acquire shares of its own
stock IN ALL OTHER CASES, INCLUDING:

(1)    [By purchase] PURCHASE of stock subject
to redemption; OR

(2)   [By gift] GIFT or legacy [; or

(3)   In any other manner].
2-315.

 

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Session Laws, 1976
Volume 734, Page 1488   View pdf image
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