Maryland Corporations and Associations Section 5-618

Article - Corporations and Associations

§ 5-618.

      (a)      Unless the bylaws require the presence of a greater percentage or number of the members for a quorum, a quorum for the transaction of business at all meetings of the members of a cooperative shall be:

            (1)      5% of all members, present in person, of a cooperative that has not more than 1,000 members; and

            (2)      Fifty members, present in person, of a cooperative that has more than 1,000 members.

      (b)      If less than a quorum is present at any meeting, a majority of those present in person may adjourn the meeting from time to time without further notice.



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