- (a) In this title the following words have the meanings indicated.
- (b) “Close corporation” means a corporation which elects to be a close corporation in accordance with § 4-201 of this title.
- (c) “Unanimous stockholders' agreement” means an agreement to which every stockholder of a close corporation actually has assented and which is contained in its charter or bylaws or in a written instrument signed by all the stockholders.
Added by Acts 1975, c. 311, § 2, eff. July 1, 1975.
Formerly Art. 23, §§ 100, 104.