§ 2-117

Maryland § 2-117

• Jurisdiction: Maryland
• Article gca: Corporations and Associations
• Title: 2

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.