Altering certain definitions as they relate to certain Maryland business entities; authorizing a corporation to adopt certain emergency bylaws; authorizing a corporation to take certain actions during an emergency; limiting the liability of certain persons for certain corporate acts taken during an emergency; and clarifying when certain stock is outstanding.

Statutes affected:
Text - First - Corporations and Associations - Definitions, Emergencies, and Outstanding Stock - Revisions: 1-101 Corporations and Associations, 2-101 Corporations and Associations, 2-116 Corporations and Associations, 2-117 Corporations and Associations, 2-118 Corporations and Associations, 2-310 Corporations and Associations, 8-601.1 Corporations and Associations, 2-502 Corporations and Associations
Text - Third - Corporations and Associations - Definitions, Emergencies, and Outstanding Stock - Revisions: 1-101 Corporations and Associations, 2-101 Corporations and Associations, 2-116 Corporations and Associations, 2-117 Corporations and Associations, 2-118 Corporations and Associations, 2-310 Corporations and Associations, 8-601.1 Corporations and Associations, 2-502 Corporations and Associations