§ 5–203
Statutes in effect as of October 1, 2026.
Md. Code Ann., Corps. & Ass'ns § 5-203 (2026)
Title 5. Special Types of Corporations
Subtitle 2. Nonstock Corporations
§ 5–203LinkCopy Citation
Notwithstanding the provisions of Title 2 of this article, the organization meeting of the board of directors named in the charter of a nonstock corporation may be called by either:
(1)
A majority of the incorporators; or
(2)
Not less than one third of the directors named in the charter.