Md. Code, Corp. & Ass'ns § 5-6C-04

Current with changes from the 2024 Legislative Session
Section 5-6C-04 - Termination of status as benefit corporation
(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.

Md. Code, CA § 5-6C-04