§ 2-117
113 words·~1 min read·
/md/corporations-and-associations/2-117·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§2–117.
(a)In this section, “emergency” has the meaning stated in § 2–116 of this subtitle.
(b)During an emergency, unless the bylaws contain emergency provisions providing otherwise, notice of a meeting of the board of directors may be given:
(1)Only to those directors whom it is practicable to reach in the circumstances;
(2)In any practicable manner given the circumstances; and
(3)With shorter notice as is reasonable in the circumstances.
(c)Any corporate act taken in good faith under this section during an emergency:
(1)Binds the corporation; and
(2)May not be used to impose liability on a director, an officer, an employee, or an agent of the corporation.