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Md. Code, Corporations and Associations § 2-117

This is the official text of Md. Code, Corporations and Associations § 2-117, part of Maryland’s Code, Corporations and Associations — governs the formation and operation of corporations, LLCs, and partnerships.

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§2–117.

Official statutory text

(a) In this section, “emergency” has the meaning stated in § 2–116 of this subtitle.

(b) During an emergency, unless the bylaws contain emergency provisions providing otherwise, notice of a meeting of the board of directors may be given:

(1) Only to those directors whom it is practicable to reach in the circumstances;

(2) In any practicable manner given the circumstances; and

(3) With shorter notice as is reasonable in the circumstances.

(c) Any corporate act taken in good faith under this section during an emergency:

(1) Binds the corporation; and

(2) May not be used to impose liability on a director, an officer, an employee, or an agent of the corporation.

Status: in_force · Read it on the official government site

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