Maryland Corporations and Associations Section 5-203

Article - Corporations and Associations

§ 5-203.

      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.



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