Maryland Statutes

§ 5-6C-04

Maryland·Article gca Corporations and Associations·Title 5
(a)A corporation may terminate status as a benefit corporation and cease to be subject to this subtitle by amending the charter of the corporation to delete the statement that the corporation is a benefit corporation.
(b)An amendment terminating a corporation’s status as a benefit corporation shall be approved by the stockholders of the corporation in accordance with Title 2, Subtitle 6 of this article.

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