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MARYLAND STATUTES AND CODES

Section 5-203 - Calling of organization meeting.

§ 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. 
 

[An. Code 1957, art. 23, § 135; 1975, ch. 311, § 2.] 
 

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