Volume 794, Page 3600 View pdf image |
![]() |
![]() |
![]() |
![]() |
|
Ch. 629 1996 LAWS OF MARYLAND CHAPTER 629 AN ACT concerning Corporations - Executive and Other Committees FOR the purpose of allowing executive committees and other committees of the board of BY repealing and reenacting, with amendments, Annotated Code of Maryland SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF Article - Corporations and Associations 2-411. (a) The bylaws of a corporation may authorize its board of directors to: (1) Appoint from among its members an executive committee and other (2) Delegate to these committees any of the powers of the board of (i) [Declare] AUTHORIZE dividends [or distributions] on stock; (ii) Issue stock other than as provided in subsection (b) of this section; (iii) Recommend to the stockholders any action which requires (iv) Amend the bylaws; or (v) Approve any merger or share exchange which does not require (b) If the board of directors has given general authorization for the issuance of - 3600 -
|
![]() | |||
![]() | ||||
![]() |
Volume 794, Page 3600 View pdf image |
Tell Us What You Think About the Maryland State Archives Website!
|
An Archives of Maryland electronic publication.
For information contact
mdlegal@mdarchives.state.md.us.