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Md. Code Ann., Corps. & Ass'ns § 4-101

(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.

Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.