(a) If there is no stock outstanding or subscribed for entitled to be voted on the charter amendment, it shall be approved as provided in this section.
(b) (1) If the amendment is made before the organization meeting of the board of directors, every incorporator shall execute and file amended articles of incorporation in the same form required by Subtitle 1 of this title for original articles of incorporation.
(2) When the Department accepts amended articles of incorporation for record, they take the place of the original articles.
(c) If the amendment is made at or after the organization meeting of the board of directors, it shall be approved by a majority of the entire board of directors.
Structure Maryland Statutes
Title 2 - Corporations in General -- Formation, Organization, and Operation
Subtitle 6 - Amendment or Restatement of Charter
Section 2-601 - General Rule; Exception
Section 2-602 - Power to Amend Charter
Section 2-603 - Charter Amendment -- No Stock Outstanding or Subscribed For
Section 2-604 - Charter Amendment -- Stock Outstanding or Subscribed For
Section 2-605 - Charter Amendment -- Minor Changes in Name or Designation of Stock Classes or Series
Section 2-606 - Charter Amendment -- Multiple Amendments
Section 2-607 - Contents of Articles of Amendment
Section 2-608 - Restatement of Charter
Section 2-609 - Amendment and Restatement of Charter
Section 2-610 - Execution and Filing of Articles
Section 2-610.1 - Time Articles Effective