Md. Code, Corps. & Ass'ns § 5-6C-04

Maryland · Maryland Code, Corporations and Associations · Status: effective

Cite this

Citation: Md. Code, Corps. & Ass'ns § 5-6C-04, Maryland, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1759481
Permanent ID: ys:prov:1759481@1
SHA-256: a680180bd7cb35ad587b8afd279993c897b3b27246323713ae3da12e92e9dde4

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

(a) A corporation may terminate status as a benefit corporation and cease to be subject to this subtitle by amending the charter of the corporation to delete the statement that the corporation is a benefit corporation. (b) An amendment terminating a corporation’s status as a benefit corporation shall be approved by the stockholders of the corporation in accordance with Title 2, Subtitle 6 of this article.