Maryland § 2-118
Full text of Maryland Maryland Code § 2-118, with citation guidance and answers to common questions.
§ 2-118.
(a) In this section, “emergency” means a situation in which it is impracticable to convene a meeting of stockholders in accordance with the Maryland General Corporation Law or the bylaws or as specified in a notice for the meeting previously given, because of some catastrophic event.
(b) During an emergency, unless the bylaws contain emergency provisions providing otherwise, the board of directors may:
(1) Postpone a meeting of stockholders for which notice has been given; or
(2) Authorize stockholders to participate in a meeting by any means of remote communication authorized by § 2–503(c)(2) of this title.
(c) The corporation shall give notice to stockholders of any action taken under this section, including any new date, time, or place of a meeting:
(1) In any practicable manner given the circumstances; and
(2) With shorter notice as is reasonable in the circumstances.
(d) 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.
Frequently Asked Questions About Maryland § 2-118
What does Maryland Code § 2-118 cover?
Section 2-118 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 2-118?
A common citation format is "Maryland Code § 2-118" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 2-118 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.