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2020 Maryland Statutes
Corporations and Associations
Title 4 - Close Corporations
Subtitle 1 - Definitions; General Provisions
Section 4-101 - Definitions
Universal Citation:
MD. Corporations and Associations Code Ann. § 4-101 (2020)
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(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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