Maryland Corporations and Associations Section 5-526

      (a)      (1)      A cooperative may operate as an agent to sell the products of its members or nonmember patrons on a nonprofit basis by contracting to pay the members or nonmember patrons the resale price for products sold by them to or through the cooperative, less a uniform charge to cover the expenses involved in the handling of these products.

            (2)      The resale price shall be:

                  (i)      The actual resale price; or

                  (ii)      A price based on the average price during any period for products of the same type and quality.

            (3)      The uniform charge for expenses shall be:

                  (i)      Specified in the contract;

                  (ii)      Made otherwise ascertainable; or

                  (iii)      Left for determination by the directors.

      (b)      A cooperative desiring to purchase goods or obtain or perform services under this subtitle may operate on a nonprofit basis in a manner similar to that described in this section.