§ 4-202
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/md/corporations-and-associations/4-202·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§4–202.
(a)Clear reference to the fact that the corporation is a close corporation shall appear prominently:
(1)At the head of the charter document in which the election to be a close corporation is made;
(2)In each subsequent charter document of the corporation; and
(3)On each certificate representing outstanding stock of the corporation.
(b)The status of a corporation as a close corporation is not affected by the failure of any charter document or stock certificate to contain the reference required by this section.