§ 4-101. Definitions

MD Corp & Assn Code § 4-101 (2019) (N/A)
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(a)    In this title the following words have the meanings indicated.

(b)    “Close corporation” means a corporation which elects to be a close corporation in accordance with § 4-201 of this title.

(c)    “Unanimous stockholders’ agreement” means an agreement to which every stockholder of a close corporation actually has assented and which is contained in its charter or bylaws or in a written instrument signed by all the stockholders.