House Bill 668 (Chapter 292) and Senate Bill 469 (Chapter 293) became law without signature of the governor May 8 and effective  October 1 relates to delayed effective dates, inspection of records by stockholders, and indemnification of directors of stock corporations; clarifying the contents of charters or bylaws of nonstock corporations; and provides express authority for a reverse stock split by real estate investment trusts.

House Bill 983 (Chapter 400) and Senate Bill 888 (Chapter 401) became law without signature of the governor May 8 and effective October 1 relate to winding up the affairs of a limited liability company by the personal representative or guardian of the last remaining LLC member or a court.  

Maryland – Legislative Bills Effective October 1