Section 5-203 - Calling of organization meeting.
§ 5-203. Calling of organization meeting.
Notwithstanding the provisions of Title 2 of this article, the organization meeting of the board of directors named in the charter of a nonstock corporation may be called by either:
(1) A majority of the incorporators; or
(2) Not less than one third of the directors named in the charter.
[An. Code 1957, art. 23, § 135; 1975, ch. 311, § 2.]