Maryland Statutes
§ 3-402
Maryland § 3-402
This text of Maryland § 3-402 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Corporations and Associations § 3-402 (2026).
Text
(a)If there is no stock entitled to be voted on the dissolution either outstanding or subscribed for, the dissolution shall be approved as provided in this section.
(b)If the action is taken before the organization meeting of the board of directors, the dissolution shall be approved by resolution of a majority of the incorporators.
(c)If the action is taken after the organization meeting of the board of directors, the dissolution shall be approved by resolution of a majority of the entire board of directors.
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Bluebook (online)
Maryland § 3-402, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/3-402.