Maryland Code, CORPORATIONS AND ASSOCIATIONS 4-402
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Terms Used In Maryland Code, CORPORATIONS AND ASSOCIATIONS 4-402
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(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.