<?xml version='1.0' encoding='utf-8'?>
<section article="gca" article_name="Corporations and Associations" number="2-113" title_number="2" title_name="Corporations in General -- Formation, Organization, and Operation" subtitle_number="1" subtitle_name="Formation and Powers">
  <level label="a">
    <text>The charter or bylaws of a corporation with capital stock may not impose liability on a stockholder who is a party to an internal corporate claim for the attorney’s fees or expenses of the corporation or any other party in connection with an internal corporate claim.</text>
  </level>
  <level label="b">
    <level label="1">
      <text>Except as provided in paragraph (2) of this subsection, the charter or bylaws of a corporation may require, consistent with applicable jurisdictional requirements, that any internal corporate claim be brought only in:</text>
      <level label="i">
        <text>Specified circuit courts of the State or a federal court sitting in the State; or</text>
      </level>
      <level label="ii">
        <level label="1">
          <text>Courts sitting in one or more specified jurisdictions outside the State; and</text>
        </level>
        <level label="2">
          <text>Specified circuit courts of the State or a federal court sitting in the State.</text>
        </level>
      </level>
    </level>
    <level label="2">
      <level label="i">
        <text>This paragraph does not apply to a provision contained in the charter or bylaws of a corporation on October 1, 2017, unless and until the provision is altered or repealed by an amendment to the charter or bylaws of the corporation, as applicable.</text>
      </level>
      <level label="ii">
        <text>The charter or bylaws of a corporation may not prohibit bringing an internal corporate claim in the courts of this State or a federal court sitting in this State.</text>
      </level>
    </level>
  </level>
</section>
