§ 2–415
Statutes in effect as of October 1, 2026.
Md. Code Ann., Corps. & Ass'ns § 2-415 (2026)
Title 2. Corporations in General -- Formation, Organization, and Operation
Subtitle 4. Directors and Officers
§ 2–415LinkCopy Citation
(a)
If permitted by the bylaws, a person may hold more than one office in a corporation but may not serve concurrently as both president and vice president of the same corporation.
(b)
A person who holds more than one office in a corporation may not act in more than one capacity to execute, acknowledge, or verify an instrument required by law to be executed, acknowledged, or verified by more than one officer.