§ 7-108. Membership -- Voting by members

MD Fin Inst Code § 7-108 (2019) (N/A)
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(a)    In the election of directors and in voting on any other matter at a meeting of the members of the Corporation, each member has one vote, to be cast by its delegate.

(b)    A delegate may not vote on behalf of more than one member.

(c)    A majority of the votes cast is sufficient to elect directors or decide any questions voted on by the members.