Md. Code Ann., Corps. & Ass'ns § 2-510
Trustee, right to vote
Effective Oct 1, 2019Added by Acts 1975, c. 311, § 2, eff. July 1, 1975. Amended by Acts 1991, c. 180; Acts 1997, c. 723, § 1, eff. Oct. 1, 1997; Acts 2009, c. 295, § 1, eff. Oct. 1, 2009; Acts 2009, c. 296, § 1, eff. Oct. 1, 2009; Acts 2019, c. 288, § 1, eff. Oct. 1, 2019.State of Maryland
- (1) Entering into a written voting trust agreement which specifies the terms and conditions of the voting trust;
- (2) Providing an executed copy of the voting trust agreement to the corporation at its principal office or by electronic transmission; and
- (3) Transferring their stock for purposes of the agreement to a trustee.
One or more stockholders of a corporation may confer the right to vote or otherwise represent their stock to a trustee by:
Added by Acts 1975, c. 311, § 2, eff. July 1, 1975. Amended by Acts 1991, c. 180; Acts 1997, c. 723, § 1, eff. Oct. 1, 1997; Acts 2009, c. 295, § 1, eff. Oct. 1, 2009; Acts 2009, c. 296, § 1, eff. Oct. 1, 2009; Acts 2019, c. 288, § 1, eff. Oct. 1, 2019.
Formerly Art. 23, § 45.