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2022 Maryland Statutes
Corporations and Associations
Title 5 - Special Types of Corporations
Subtitle 5A - Maryland Consumer Cooperative Act
Section 5-5A-03 - Incorporation of Consumer or Federated Cooperative; Permissible Business Activity
Universal Citation:
MD Corporations and Associations Code § 5-5A-03 (2022)
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A consumer cooperative or a federated cooperative may be incorporated under this subtitle and engage in any lawful business to acquire, produce, manufacture, furnish, or distribute any goods or services on a cooperative basis for the mutual benefit of its members and patrons or the members and patrons of any member cooperative, or both.
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