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Statutes Text

Article - Corporations and Associations




§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.



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