2016 Maryland Code
Corporations and Associations
Title 5 - Special Types of Corporations
Subtitle 5 - Agricultural Cooperatives
§ 5-524. Transactions with other cooperatives

MD Corp & Assn Code § 5-524 (2016) What's This?

(a) Agreements with other cooperatives. -- The board of directors of a cooperative by resolution may authorize the cooperative to enter into agreements for conducting its business with any other Maryland or foreign cooperative, association, or corporation formed on a cooperative basis.

(b) Use of same business methods. -- These cooperatives, associations, and corporations may agree to unite in using or may separately use the same methods, means, and agencies for conducting their respective business.

(c) Marketing agencies. -- These cooperatives, associations, and corporations may use common marketing agencies and their members may make any necessary agreements to effect these purposes.

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