2013 Maryland Code
§ 5-601 - Definitions

MD Corp & Assn Code § 5-601 (2013) What's This?


(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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