Maryland Statutes
Title 2 - Corporations in General -- Formation, Organization, and Operation
Subtitle 4 - Directors and Officers

Section 2-401 - Function of Directors - (a) All business and affairs of a corporation, whether or...

Section 2-402 - Number of Directors - (a) Each corporation shall have at least one director. (b)...

Section 2-403 - Qualifications of Directors and Nominees for Director - (a) Each director and each nominee for director of a...

Section 2-404 - Election and Tenure of Directors - (a) Until successors are elected and qualify, the board of...

Section 2-405 - Directors Holding Over - (a) (1) Except as provided in paragraph (2) of this...

Section 2-405.1 - Standard of Care Required of Directors - (a) In this section, “act” includes, as the context requires:...

Section 2-405.2 - Corporate Limitations on Director Liability - The charter of the corporation may include any provision expanding...

Section 2-405.3 - When Director of Investment Company Deemed Independent and Disinterested - (a) This section applies to a corporation that is an...

Section 2-406 - Removal or Resignation of Director - (a) The stockholders of a corporation may remove any director,...

Section 2-407 - Vacancy on Board - (a) (1) Except as provided in paragraph (2) of this...

Section 2-408 - Action by Directors - (a) Unless the charter or bylaws of the corporation require...

Section 2-409 - Meetings of Directors - (a) Unless the bylaws of the corporation provide otherwise, a...

Section 2-410 - Dissent of Director to Action of Board - (a) A director of a corporation who is present at...

Section 2-411 - Executive and Other Committees - (a) The board of directors of a corporation may: (1)...

Section 2-412 - Required and Permitted Officers - (a) Each Maryland corporation shall have the following officers: (1)...

Section 2-413 - Election, Tenure, and Removal of Officers - (a) Unless the bylaws provide otherwise, the board of directors...

Section 2-414 - Powers and Duties of Officers and Agents - (a) As between himself and the corporation, an officer or...

Section 2-415 - Holding More Than One Office - (a) If permitted by the bylaws, a person may hold...

Section 2-416 - Financial Assistance to Officers and Employees - (a) A corporation may lend money to, guarantee an obligation...

Section 2-418 - Indemnification of Directors, Officers, Employees, and Agents - (a) (1) In this section the following words have the...

Section 2-419 - Interested Director Transactions - (a) If subsection (b) of this section is complied with,...