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Maryland · Through 2026-01-01

Md. Code, Corporations and Associations § 3–402

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  1. Article - Corporations and Associations

(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.

Collected 2026-09-14T19:56:43Z. Source file · JSON

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