§ 5-502. Purposes of incorporation

MD Corp & Assn Code § 5-502 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

A cooperative may be incorporated for any combination of the following purposes:

(1)    Collectively to produce, process, prepare for market, handle, store, and market the products of persons engaged in the production of agricultural or fishery products;

(2)    To act as a selling or buying agent for its members; and

(3)    To purchase or otherwise acquire goods or services for its members.