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§ 5-6c-04 — Maryland Law | CourtGPT
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  2. Laws/
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  5. Title 5 - Special Types of Corporations/
  6. Subtitle 6c - Benefit Corporations/
  7. § 5-6c-04
Maryland Legal Code

§ 5-6c-04

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(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.