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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) Until the first annual meeting of members and until successors are elected and qualified, the board of directors shall consist of:
(1) Individuals named as directors in the articles; or
(2) If no directors are named, the incorporators.
(b)(1) The directors shall be elected by the members or by delegates of the members.
(2) Unless the bylaws provide otherwise, the directors shall be elected at the first annual membership meeting and at each subsequent annual membership meeting, and shall hold office until the next annual membership meeting and until their successors are elected and qualified.
(3) The bylaws may provide for staggered terms of directors and delegates.
Cite this article: FindLaw.com - Maryland Code, Corporations and Associations § 5-5A-13 - last updated January 01, 2025 | https://codes.findlaw.com/md/corporations-and-associations/md-code-corp-and-assns-sect-5-5a-13/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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