§ 2–117

Statutes in effect as of October 1, 2026.

Md. Code Ann., Corps. & Ass'ns § 2-117 (2026)

Title 2. Corporations in General -- Formation, Organization, and Operation

Subtitle 1. Formation and Powers

(a)

In this section, “emergency” has the meaning stated in § 2–116 of this subtitle.

(b)

During an emergency, unless the bylaws contain emergency provisions providing otherwise, notice of a meeting of the board of directors may be given:

(1)

Only to those directors whom it is practicable to reach in the circumstances;

(2)

In any practicable manner given the circumstances; and

(3)

With shorter notice as is reasonable in the circumstances.

(c)

Any corporate act taken in good faith under this section during an emergency:

(1)

Binds the corporation; and

(2)

May not be used to impose liability on a director, an officer, an employee, or an agent of the corporation.