Maryland Statutes
§ 2-401
Maryland § 2-401
This text of Maryland § 2-401 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Corporations and Associations § 2-401 (2026).
Text
(a)All business and affairs of a corporation, whether or not in the ordinary course, shall be managed by or under the direction of a board of directors.
(b)All powers of the corporation may be exercised by or under authority of the board of directors except as conferred on or reserved to the stockholders by law or by the charter or bylaws of the corporation.
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Cite This Page — Counsel Stack
Bluebook (online)
Maryland § 2-401, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/2-401.