Md. Code, Corporations and Associations § 4-101

Md. Code, Corporations and Associations § 4-101
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
(a) In this title the following words have the meanings indicated. (b) “Close corporation” means a corporation which elects to be a close corporation in accordance with § 4-201 of this title. (c) “Unanimous stockholders’ agreement” means an agreement to which every stockholder of a close corporation actually has assented and which is contained in its charter or bylaws or in a written instrument signed by all the stockholders.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca&section=4-101&enactments=falseFetched: 10/16/2026

Starting a business in Maryland? Maryland LLC guide: costs and requirements