Md. Code, Corp. & Ass'ns § 4-202

Current with changes from the 2024 legislative session through Ch. 734, effective on or before 6/1/2024
Section 4-202 - Required references to close corporation status
(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.

Md. Code, CA § 4-202