Md. Code, Corp. & Ass'ns § 2-510

Current with changes from the 2024 Legislative Session

Section 2-510 - Voting trust

One or more stockholders of a corporation may confer the right to vote or otherwise represent their stock to a trustee by:

(1) Entering into a written voting trust agreement which specifies the terms and conditions of the voting trust;

(2) Providing an executed copy of the voting trust agreement to the corporation at its principal office or by electronic transmission; and

(3) Transferring their stock for purposes of the agreement to a trustee.

Md. Code, CA § 2-510

Amended by 2019 Md. Laws, Ch. 288,Sec. 1, eff. 10/1/2019.