# Corporations and Associations (GCA)

## Title 4. Close Corporations

### Subtitle 2. Election to Be a Close Corporation

#### Section 4-203

The charter of a close corporation may be amended to remove the statement of election to be a close corporation, but only by the affirmative vote of every stockholder and every subscriber for stock of the corporation.

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Md. Code Ann., Corps. & Ass'ns (as displayed at mgaleg.maryland.gov, October 16, 2026)