Md. Code Ann., Corps. & Ass'ns § 2-707
Scope of subtitle; affect of absence or failure of ratification
Effective Oct 1, 2024Added by Acts 2022, c. 289, § 1, eff. Oct. 1, 2022; Acts 2022, c. 290, § 1, eff. Oct. 1, 2022. Amended by Acts 2024, c. 604, § 1, eff. Oct. 1, 2024; Acts 2024, c. 605, § 1, eff. Oct. 1, 2024.State of Maryland
- (a) Nothing in this subtitle may be construed to require that ratification of a defective corporate act under this subtitle be the exclusive means of ratifying or validating a defective corporate act or to limit the right of a corporation to file certificates or charter documents in accordance with any other provision of this article.
- (b) The absence or failure of ratification in accordance with this subtitle shall not, of itself, affect the validity or effectiveness of any corporate act otherwise lawfully ratified, nor may it create a presumption that any corporate act is or was a defective corporate act or void or voidable.
Added by Acts 2022, c. 289, § 1, eff. Oct. 1, 2022; Acts 2022, c. 290, § 1, eff. Oct. 1, 2022. Amended by Acts 2024, c. 604, § 1, eff. Oct. 1, 2024; Acts 2024, c. 605, § 1, eff. Oct. 1, 2024.