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2017 Maryland Code
Corporations and Associations
Title 5 - Special Types of Corporations
Subtitle 6 - Electric Cooperatives
Part III - Members
§ 5-615. Members
Universal Citation: MD Corp & Assn Code § 5-615 (2017)
- (a) Eligibility for membership. --
- (1) Each incorporator of a cooperative shall be a member of the cooperative.
- (2) A person other than an incorporator may become a member of the cooperative if the person agrees to use electricity or other services supplied by the cooperative when the electricity or services are made available through the cooperative's facilities.
- (b) Additional qualifications and limitations. -- The bylaws may provide additional qualifications for and limitations on membership.
- (c) Termination of membership. -- The membership of a member of a cooperative who agrees to use electricity shall terminate if:
- (1) The member does not use electricity supplied by the cooperative within 6 months after it is made available to the member; or
- (2) The cooperative does not make electricity available to the member within 2 years after the person becomes a member or within any shorter period provided by the bylaws of the cooperative.
- (d) Joint membership. -- A husband and wife may hold a joint membership in a cooperative.
- (e) Membership not transferable. -- Unless the bylaws provide otherwise, membership in a cooperative is not transferable.
- (f) Liability of members for debts of cooperative. --
- (1) A member of a cooperative is not liable for the debts of the cooperative.
- (2) The property of a member of a cooperative is not subject to execution for the debts of the cooperative.
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