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Statutes Text

Article - Corporations and Associations




§4–402.

    (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.



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