# Corporations and Associations (GCA)

## Title 4. Close Corporations

### Subtitle 3. Board of Directors

#### Section 4-301

A close corporation shall have at least one director until an election by the corporation in its charter to have no board of directors becomes effective.

---

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