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Section 4-101 - Definitions — Maryland Law | CourtGPT
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Maryland Legal Code

Section 4-101 - Definitions

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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.