Maryland Corporations and Associations Section 5-601

Article - Corporations and Associations

§ 5-601.

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

      (b)      "Cooperative" means a corporation that:

            (1)      Is organized under this subtitle; or

            (2)      Becomes subject to this subtitle in the manner provided in this subtitle.

      (c)      "Electric plant" means the material, equipment, and property owned by a cooperative and used or to be used for or in connection with electric service.

      (d)      "Member" means a person or household that has been qualified and accepted for membership in a cooperative in accordance with its bylaws.

      (e)      (1)      "Person" has the meaning stated in § 1-101 of this article.

            (2)      "Person" includes:

                  (i)      The State;

                  (ii)      A county, municipal corporation, or other political subdivision of the State; and

                  (iii)      A unit of federal, State, or local government.



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