There Is a Newer Version of the Maryland Code
2010 Maryland Code
CORPORATIONS AND ASSOCIATIONS
TITLE 5 - SPECIAL TYPES OF CORPORATIONS
Subtitle 5 - Agricultural Cooperatives
- Section 5-501 - Definitions.
- Section 5-502 - Purposes of incorporation.
- Section 5-503 - Who may incorporate; capital stock.
- Section 5-504 - Powers in general.
- Section 5-505 - Articles of incorporation - Execution; contents.
- Section 5-506 - Articles of incorporation - Amendment.
- Section 5-507 - Corporation may be converted into cooperative.
- Section 5-508 - Stock.
- Section 5-509 - Payment by subscriber before certificate of stock or membership issued.
- Section 5-510 - Use of term "cooperative" in corporate name.
- Section 5-511 - Bylaws.
- Section 5-512 - Management of cooperative; number and qualifications of directors.
- Section 5-513 - Original directors; election and term of successors.
- Section 5-514 - Election of directors by districts.
- Section 5-515 - Vacancies on board of directors.
- Section 5-516 - Compensation and contracts of officers and directors.
- Section 5-517 - Required and permitted officers.
- Section 5-518 - Removal of director and officer.
- Section 5-519 - Meetings.
- Section 5-520 - Quorum.
- Section 5-521 - Voting.
- Section 5-522 - Contracts with members.
- Section 5-523 - Membership in another cooperative.
- Section 5-524 - Transactions with other cooperatives.
- Section 5-525 - Patronage distributions.
- Section 5-526 - Operating on nonprofit basis.
- Section 5-527 - Consolidation, merger, share exchange, transfer of assets, or dissolution.
- Section 5-528 - Payment when another business is purchased.
- Section 5-529 - Audit of financial statement of cooperative handling raw agricultural products.
- Section 5-530 - Cooperative and marketing agreements not in restraint of trade.
- Section 5-531 - Application of Maryland General Corporation Law.
- Section 5-532 - Penalties.
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