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Section 3-408 - Quorum of Directors — Maryland Law | CourtGPT
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  7. Section 3-408 - Quorum of Directors
Maryland Legal Code

Section 3-408 - Quorum of Directors

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(a) A majority of the directors of a State bank then serving is a quorum. (b) The articles of incorporation or bylaws of a trust company may specify the number of directors that is a quorum, but the number shall be at least the greater of one third of the directors or four directors.