Maryland Statutes

§ 2-408

Maryland § 2-408
JurisdictionMaryland
Article gcaCorporations and Associations
Title2

This text of Maryland § 2-408 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 § 2-408 (2026).

Text

(a)Unless the charter or bylaws of the corporation require a greater proportion or this article requires a different proportion, the action of a majority of the directors present at a meeting at which a quorum is present is the action of the board of directors.
(b)(1) Unless the bylaws of the corporation provide otherwise, a majority of the entire board of directors constitutes a quorum for the transaction of business.
(2)The bylaws may provide that less than a majority, but not less than one–third of the entire board of directors, may constitute a quorum unless:
(i)There are only two or three directors, in which case not less than two may constitute a quorum; or
(ii)There is only one director, in which case that one will const

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Bluebook (online)
Maryland § 2-408, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/2-408.