Md. Code, Corp. & Ass'ns § 5-203

Current with changes from the 2024 Legislative Session
Section 5-203 - Calling of organization meeting

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.

Md. Code, CA § 5-203