(a) If permitted by the bylaws, a person may hold more than one office in a corporation but may not serve concurrently as both president and vice president of the same corporation.
(b) A person who holds more than one office in a corporation may not act in more than one capacity to execute, acknowledge, or verify an instrument required by law to be executed, acknowledged, or verified by more than one officer.
Structure Maryland Statutes
Title 2 - Corporations in General -- Formation, Organization, and Operation
Subtitle 4 - Directors and Officers
Section 2-401 - Function of Directors
Section 2-402 - Number of Directors
Section 2-403 - Qualifications of Directors and Nominees for Director
Section 2-404 - Election and Tenure of Directors
Section 2-405 - Directors Holding Over
Section 2-405.1 - Standard of Care Required of Directors
Section 2-405.2 - Corporate Limitations on Director Liability
Section 2-405.3 - When Director of Investment Company Deemed Independent and Disinterested
Section 2-406 - Removal or Resignation of Director
Section 2-407 - Vacancy on Board
Section 2-408 - Action by Directors
Section 2-409 - Meetings of Directors
Section 2-410 - Dissent of Director to Action of Board
Section 2-411 - Executive and Other Committees
Section 2-412 - Required and Permitted Officers
Section 2-413 - Election, Tenure, and Removal of Officers
Section 2-414 - Powers and Duties of Officers and Agents
Section 2-415 - Holding More Than One Office
Section 2-416 - Financial Assistance to Officers and Employees
Section 2-418 - Indemnification of Directors, Officers, Employees, and Agents