Maryland § 2-112

Full text of Maryland Maryland Code § 2-112, with citation guidance and answers to common questions.

§ 2-112.

    (a)    (1)    In this section the following words have the meanings indicated.

        (2)    “Closed-end investment company” means a corporation registered as a closed-end investment company under the Investment Company Act of 1940.

        (3)    “Open-end investment company” means a corporation registered as an open-end investment company under the Investment Company Act of 1940.

    (b)    Notwithstanding any requirement of § 2-604(b) or § 2-607(a)(1) of this title or § 3-403(b) of this article, the charter of a closed-end investment company or any prospectus filed by the closed-end investment company pursuant to the federal Investment Company Act of 1940 may require the company to submit to its stockholders, at an annual or special meeting of the stockholders, a proposal to amend its charter to convert to an open-end investment company, to dissolve, to require the closed-end investment company to make one or more tender offers for its shares, or to take other action intended to eliminate any trading discount to net asset value of the closed-end investment company’s shares, even if the board of directors fails to recommend the proposal or declare the proposal advisable or recommends that the stockholders reject it.

Frequently Asked Questions About Maryland § 2-112

What does Maryland Code § 2-112 cover?

Section 2-112 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Maryland § 2-112?

A common citation format is "Maryland Code § 2-112" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Maryland law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.

How does Maryland § 2-112 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.