Maryland Code § CA-2-508

Section CA-2-508
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(a) (1) A fiduciary may vote, either in person or by proxy, stock
registered in his name as fiduciary.
(2) A fiduciary may vote, either in person or by proxy, stock
registered in the name of another person on proof of the fact that legal title to the
stock has devolved on him in a fiduciary capacity and that he is qualified to act in
that capacity.
(b) A stockholder of record who pledges his shares may vote them, but, as
between the pledgor and pledgee, this subsection does not affect the validity of any
agreement between them as to the giving of proxies or the exercise of voting rights.
(c) (1) If stock is registered in the names of two or more persons, whether
as fiduciaries, members of a partnership, joint tenants, tenants in common, tenants
by the entirety, or otherwise, or if two or more persons have the same fiduciary
relationship with respect to the same stock, unless the secretary of the corporation is
given written notice to the contrary and is furnished with a copy of the instrument or
order which so provides, their acts with respect to voting have the effects provided in
this subsection.
(2) If only one votes, his vote binds all, and if more than one vote, the
vote of the majority binds all.

(3) If more than one vote and the vote is evenly split on any particular
matter:
(i) Each faction may vote the stock in question proportionally;
or
(ii) Any person voting the stock or any beneficiary may apply
to a court of competent jurisdiction to appoint an additional person to act with the
persons voting the stock and the stock shall then be voted as determined by a majority
of those persons and the person appointed by the court.
(4) If the instrument or order given to the secretary of the corporation
shows that the interests are unequal, a majority or even split for the purpose of this
subsection is a majority or even split in interest.

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