2013 Maryland Code
§ 4-101 - Definitions

MD Corp & Assn Code § 4-101 (2013) What's This?


(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.

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