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2010 Maryland Code
CORPORATIONS AND ASSOCIATIONS
TITLE 5 - SPECIAL TYPES OF CORPORATIONS
Subtitle 5A - Maryland Consumer Cooperative Act

  • Section 5-5 - A-01. Applicability of subtitle.
  • Section 5-5 - A-02. Definitions.
  • Section 5-5 - A-03. Incorporation of consumer or federated cooperative; permissible business activity.
  • Section 5-5 - A-04. Number required for incorporation.
  • Section 5-5 - A-05. Formation of cooperative; evidence of membership interest.
  • Section 5-5 - A-06. General powers.
  • Section 5-5 - A-07. Contents of articles of incorporation or bylaws.
  • Section 5-5 - A-08. Limitation on stock ownership; member's withdrawal or disposal of interest; classes of ownership; stock conversion; termination of nonstock voting membership.
  • Section 5-5 - A-09. Conversion of corporation into consumer cooperative; adoption of name.
  • Section 5-5 - A-10. Use of word "cooperative" in conducting business.
  • Section 5-5 - A-11. Bylaws.
  • Section 5-5 - A-12. Management of cooperative; number and qualifications of directors.
  • Section 5-5 - A-13. Original directors; election and term of successors.
  • Section 5-5 - A-14. Bylaws provision for election of directors and delegates of members.
  • Section 5-5 - A-15. Officers.
  • Section 5-5 - A-16. Removal of directors, officers, and delegates.
  • Section 5-5 - A-17. Remuneration of officers and directors.
  • Section 5-5 - A-18. Eligibility for membership.
  • Section 5-5 - A-19. Meetings; quorum.
  • Section 5-5 - A-20. Voting.
  • Section 5-5 - A-21. Amendments to articles of incorporation; action on bylaws.
  • Section 5-5 - A-22. Apportionment of net savings.
  • Section 5-5 - A-23. Auditing; annual report.
  • Section 5-5 - A-24. Consolidation, merger, transfer of assets, dissolution, or division.
  • Section 5-5 - A-25. Division.
  • Section 5-5 - A-26. Applicability of subtitle.
  • Section 5-5 - A-27. Organization of economic activity under subtitle not cause of illegality in itself.
  • Section 5-5 - A-28. Evidence of membership capital not security.
  • Section 5-5 - A-29. Applicability of general corporation law.
  • Section 5-5 - A-30. Short title.

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