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Maryland Code, Corporations and Associations § 3-706

Current as of January 01, 2025 | Updated by Findlaw Staff

(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.

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Cite this article: FindLaw.com - Maryland Code, Corporations and Associations § 3-706 - last updated January 01, 2025 | https://codes.findlaw.com/md/corporations-and-associations/md-code-corp-and-assns-sect-3-706/

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