Plain Text Law

§ 4–402

Statutes in effect as of October 1, 2026.

Md. Code Ann., Corps. & Ass'ns § 4-402 (2026)
Title 4. Close Corporations
Subtitle 4. Stockholders

§ 4–402Copy Citation

(a)
The bylaws of a close corporation shall provide for an annual meeting of stockholders in accordance with Title 2 of this article, but the meeting need not be held unless requested by a stockholder.
(b)
A request for an annual meeting shall be in writing and delivered to the president or secretary of the corporation:
(1)
At least 30 days before the date specified in the bylaws for the meeting; or
(2)
If the bylaws specify a period during which the date for the meeting may be set, at least 30 days before the beginning of that period.