Section 2-415 - Holding more than one office. - Maryland Statutes

§ 2-415. Holding more than one office.
 

(a)  Permitted.- 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)  Execution of documents.- 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. 
 

[An. Code 1957, art. 23, § 60; 1975, ch. 311, § 2; 1999, ch. 34, § 8.]