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Md. Code Ann., Corps. & Ass'ns § 2-403

(a) Each director and each nominee for director of a corporation shall have the qualifications required by the charter or bylaws of the corporation.

(b) Unless required by its charter or bylaws, a director need not be a stockholder in the corporation.

Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.