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Session Laws, 1999
Volume 796, Page 2875   View pdf image
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(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 it represents,

(b) If the corporation has authority to issue stock of more than one class, the
stock certificate shall contain on its face or back a full statement or summary of:

(1) The designations and any preferences, conversion and other rights,
voting powers, restrictions, limitations as to dividends, qualifications, and terms and
conditions of redemption of the stock of each class which the corporation is authorized
to issue; and

(2) If the corporation is authorized to issue any preferred or special class

in series:

(i) The differences in the relative rights and preferences between
the shares of each series to the extent they have been set; and

(ii) The authority of the board of directors to set the relative rights
and preferences of subsequent series,

(c) 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 to any stockholder on request and
without charge.

(d) Without affecting § 8-204 of the Commercial Law Article, if the corporation
which issues the stock imposes a restriction on its transferability, the stock certificate
shall:

(1) Contain a full statement of the restriction; or

(2) State that the corporation will furnish information about the
restriction to the stockholder on request and without charge.

(E) EXCEPT AS OTHERWISE PROVIDED BY § 8-204 OF THE COMMERCIAL LAW
ARTICLE, THE FACT THAT A STOCK CERTIFICATE DOES NOT CONTAIN OR REFER TO A
RESTRICTION ON TRANSFERABILITY THAT IS ADOPTED AFTER THE DATE OF
ISSUANCE OF THE STOCK CERTIFICATE DOES NOT MEAN THAT THE RESTRICTION IS
INVALID OR UNENFORCEABLE.

2-503.

[Meetings] UNLESS THE CHARTER PROVIDES OTHERWISE, MEETINGS of
stockholders shall be held Cat any place in the United States] as is:

(1) Provided in the bylaws; or

(2) Set by the board of directors under the provisions of the bylaws.

 

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Session Laws, 1999
Volume 796, Page 2875   View pdf image
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