Maryland § 2-211
Full text of Maryland Maryland Code § 2-211, with citation guidance and answers to common questions.
§ 2-211.
(a) Each stock certificate shall include on its face:
(1) The name of the corporation that issues it;
(2) The name of the stockholder or other person to whom it is issued; and
(3) The class of stock and number of shares it represents.
(b) If the corporation has authority to issue stock of more than one class, the stock certificate shall contain on its face or back a full statement or summary of:
(1) The designations and any preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of the stock of each class which the corporation is authorized to issue; and
(2) If the corporation is authorized to issue any preferred or special class in series:
(i) The differences in the relative rights and preferences between the shares of each series to the extent they have been set; and
(ii) The authority of the board of directors to set the relative rights and preferences of subsequent series.
(c) Instead of a full statement or summary of the information required by subsection (b) of this section, the certificate may state that the corporation will furnish a full statement of the required information to any stockholder on request and without charge.
(d) Without affecting § 8-204 of the Commercial Law Article, if the corporation which issues the stock imposes a restriction on its transferability, the stock certificate shall:
(1) Contain a full statement of the restriction; or
(2) State that the corporation will furnish information about the restriction to the stockholder on request and without charge.
(e) Except as otherwise provided by § 8-204 of the Commercial Law Article, the fact that a stock certificate does not contain or refer to a restriction on transferability that is adopted after the date of issuance of the stock certificate does not mean that the restriction is invalid or unenforceable.
Frequently Asked Questions About Maryland § 2-211
What does Maryland Code § 2-211 cover?
Section 2-211 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 § 2-211?
A common citation format is "Maryland Code § 2-211" (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 § 2-211 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.