Maryland Corporations and Associations Section 2-504.1

Article - Corporations and Associations

§ 2-504.1.

      (a)      Subject to § 2-504(d) of this subtitle, any notice given by a corporation to a stockholder under this article or the charter or bylaws of the corporation is effective if given by a single notice, in writing or by electronic transmission, to all stockholders who share an address if:

            (1)      The corporation gives notice, in writing or by electronic transmission, to the stockholder of its intent to give a single notice; and

            (2)      The stockholder:

                  (i)      Consents to receiving a single notice; or

                  (ii)      Fails to object in writing within 60 days after the corporation gives notice to the stockholder of its intent to give a single notice.

      (b)      A stockholder may revoke consent given under subsection (a) of this section, whether affirmative or implied, by written notice to the corporation.

      (c)      This section does not limit the manner in which a corporation otherwise may give notice to stockholders.



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