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2023 Maryland Statutes
Corporations and Associations
Title 2 - Corporations in General -- Formation, Organization, and Operation
Subtitle 4 - Directors and Officers
Section 2-403 - Qualifications of Directors and Nominees for Director
Universal Citation:
MD. Corporations and Associations Code § 2-403 (2023)
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(a) Each director and each nominee for director of a corporation shall have the qualifications required by the charter or bylaws of the corporation.
(b) Unless required by its charter or bylaws, a director need not be a stockholder in the corporation.
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