Unannotated Code of Maryland (Last Updated: May 16, 2014) |
CORPORATIONS AND ASSOCIATIONS |
TITLE 5. SPECIAL TYPES OF CORPORATIONS |
SUBTITLE 6B. MARYLAND COOPERATIVE HOUSING CORPORATION ACT |
§ 5-6B-18.3. Electronic transmission of notice.
Latest version.
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(a) In general. -- Notwithstanding language contained in the governing documents of a cooperative housing corporation, the cooperative housing corporation may provide notice of a meeting or deliver information to a member by electronic transmission if:
(1) The board of directors of the cooperative housing corporation gives the cooperative housing corporation the authority to provide notice of a meeting or deliver information by electronic transmission;
(2) The member gives the cooperative housing corporation prior written authorization to provide notice of a meeting or deliver information by electronic transmission; and
(3) An officer or agent of the cooperative housing corporation certifies in writing that the cooperative housing corporation has provided notice of a meeting or delivered information to the member.
(b) Ineffective notice or delivery. -- Notice or delivery by electronic transmission shall be considered ineffective if:
(1) The cooperative housing corporation is unable to deliver two consecutive notices; and
(2) The inability to deliver the electronic transmission becomes known to the person responsible for the sending of the electronic transmission.
(c) Ineffective notice or delivery -- Effect. -- The inadvertent failure to deliver notice by electronic transmission does not invalidate any meeting or other action.