Maryland § 3-706
Full text of Maryland Maryland Code § 3-706, with citation guidance and answers to common questions.
§ 3-706.
(a) If a special meeting of stockholders is requested, notice of the special meeting shall be given as promptly as reasonably practicable by the corporation to all stockholders of record as of the record date set for the meeting, whether or not the stockholder is entitled to vote at the meeting.
(b) Notice of the special or annual meeting of stockholders at which the voting rights are to be considered shall include or be accompanied by the following:
(1) A copy of the acquiring person statement delivered to the corporation under § 3-703 of this subtitle; and
(2) A statement by the board of directors of the corporation setting forth the position or recommendation of the board, or stating that the board is taking no position or making no recommendation, with respect to the issue of voting rights to be accorded the control shares.
Frequently Asked Questions About Maryland § 3-706
What does Maryland Code § 3-706 cover?
Section 3-706 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 § 3-706?
A common citation format is "Maryland Code § 3-706" (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 § 3-706 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.