In 1967 both Delaware and Maryland enacted close corporation legislation. The two statutes differ significantly in their approach to the problems of the "incorporated partnership." In this article the author undertakes an evaluation of the policies represented in the two enactments and concludes that the Maryland effort yields the most insightful close corporation statute legislated to date.
Edwin J. Bradley,
A Comparative Evaluation of the Delaware and Maryland Close Corporation Statutes,
1968 Duke Law Journal
Available at: http://scholarship.law.duke.edu/dlj/vol17/iss3/2