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Maryland · Through 2026-01-01

Md. Code, Corporations and Associations § 4–202

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Where this section sits in the code
  1. Article - Corporations and Associations

(a) Clear reference to the fact that the corporation is a close corporation shall appear prominently:

(1) At the head of the charter document in which the election to be a close corporation is made;

(2) In each subsequent charter document of the corporation; and

(3) On each certificate representing outstanding stock of the corporation.

(b) The status of a corporation as a close corporation is not affected by the failure of any charter document or stock certificate to contain the reference required by this section.

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

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