Legal Question in Business Law in Maryland

Re: officers of a corporation

A majority of the shareholders (based upon # of shares) can call a board of directors meeting and the directors can replace corporate officers. If you have properly set up your corporation, you should have bylaws that spell out what you have to do to convene a board meeting for this purpose. But if you don't have majority control, you won't be able to do this.

Re: officers of a corporation

Hi:

You will need to have the majority of the shareholders call for a meeting to elect new officers of the corporation.

Good Luck

Re: officers of a corporation

I have read what the other attorneys wrote, and they are correct.

You may want to have an attorney advise you and the stockholders. This kind of a fight in a small business should be handled carefully, so as not to damage the business while you sort out what you will do.

If you would like, give me a call; I am in Hackensack (northern New Jersey). I will be happy to discuss

this with you; a brief telephone consultation will be free.

My contact information can be obtained from the links below, just click on the Attorney Profile link. Let my secretary know you found me through LawGuru.

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