Md. Code, Corporations and Associations § 5-203
Md. Code, Corporations and Associations § 5-203
in effectNotwithstanding the provisions of Title 2 of this article, the organization meeting of the board of directors named in the charter of a nonstock corporation may be called by either:
(1) A majority of the incorporators; or
(2) Not less than one third of the directors named in the charter.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca§ion=5-203&enactments=falseFetched: 10/16/2026
