<?xml version='1.0' encoding='utf-8'?>
<section article="gca" article_name="Corporations and Associations" number="4-601" title_number="4" title_name="Close Corporations" subtitle_number="6" subtitle_name="Termination of Existence">
  <level label="a">
    <text>Subject to subsection (b) of this section, a consolidation, merger, share exchange, transfer of assets, or conversion of a close corporation shall be made in accordance with the provisions of Title 3 of this article.</text>
  </level>
  <level label="b">
    <text>Approval of a proposed consolidation or merger, a transfer of assets, a conversion, or an acquisition of stock in a share exchange requires the affirmative vote of every stockholder of the close corporation.</text>
  </level>
</section>
