Maryland Statutes
§ 4-201
Maryland § 4-201
This text of Maryland § 4-201 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 § 4-201 (2026).
Text
(a)A corporation may elect to be a close corporation under this title by including in its charter a statement that it is a close corporation.
(b)The statement that a corporation is a close corporation shall be:
(1)Contained in the articles of incorporation originally filed with the Department; or
(2)Added to the charter by an amendment which is approved:
(i)Under the provisions of § 2-603 of this article, if at the time of the adoption of the amendment no stock of the corporation is either outstanding or subscribed for; or
(ii)By the affirmative vote of every stockholder and every subscriber for stock of the corporation.
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Bluebook (online)
Maryland § 4-201, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/4-201.