Maryland § 2-607
Full text of Maryland Maryland Code § 2-607, with citation guidance and answers to common questions.
§ 2-607.
(a) Articles of amendment shall set forth the amendment and state:
(1) That the amendment was advised by the board of directors and approved by the stockholders; or
(2) That the amendment was approved by a majority of the entire board of directors and that:
(i) No stock entitled to be voted on the matter was outstanding or subscribed for at the time of approval; or
(ii) The amendment is limited to a change expressly authorized by § 2–105(a)(13) of this title or § 2–604(b) or § 2–605 of this subtitle to be made without action by the stockholders.
(b) If the amendment increases the authorized stock of the corporation, the articles of amendment also shall include:
(1) Both as of immediately before the amendment and as amended:
(i) The total number of shares of stock of all classes which the corporation has authority to issue;
(ii) The number of shares of stock of each class;
(iii) The par value of the shares of stock of each class or a statement that the shares are without par value; and
(iv) If there are any shares of stock with par value, the aggregate par value of all the shares of all classes; and
(2) If the shares are divided into classes:
(i) A description, as amended, of each class, including the preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption; or
(ii) A statement that the information required by item (i) of this item was not changed by the amendment.
Frequently Asked Questions About Maryland § 2-607
What does Maryland Code § 2-607 cover?
Section 2-607 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 § 2-607?
A common citation format is "Maryland Code § 2-607" (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 § 2-607 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.