There is a newer version of the Maryland Code
2013 Maryland Code
CORPORATIONS AND ASSOCIATIONS
§ 5-502 - Purposes of incorporation
MD Corp & Assn Code § 5-502 (2013) What's This?
§5-502.
A cooperative may be incorporated for any combination of the following purposes:
(1) Collectively to produce, process, prepare for market, handle, store, and market the products of persons engaged in the production of agricultural or fishery products;
(2) To act as a selling or buying agent for its members; and
(3) To purchase or otherwise acquire goods or services for its members.
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