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Maryland Corporations and Associations Section 4-101

Article - Corporations and Associations

§ 4-101.

      (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.