Shore Bancshares (ticker: SHBI) announced that its board approved an amended and restated set of corporate bylaws on August 20, 2026. The headline changes: shareholder meeting notices can now be sent electronically, directors must win a majority of votes cast to get elected (unless the race is contested), shareholders need to give 90–120 days' notice to bring business at an annual meeting, and Maryland state courts become the exclusive venue for certain disputes like derivative lawsuits and fiduciary-duty claims against directors and officers. The company notes the rest is largely technical cleanup to line up with current Maryland law.
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