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Title 5 - Special Types of ...
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Subtitle 5A - Maryland Consumer Cooperative Act
Subtitle 5A - Maryland Consumer Cooperative Act
§ 5-5A-01. Applicability of subtitle
§ 5-5A-02. Definitions
§ 5-5A-03. Incorporation of consumer or federated cooperative; permissible business activity
§ 5-5A-04. Number required for incorporation
§ 5-5A-05. Formation of cooperative; evidence of membership interest
§ 5-5A-06. General powers
§ 5-5A-07. Contents of articles of incorporation or bylaws
§ 5-5A-08. Limitation on stock ownership; member's withdrawal or disposal of interest; classes of ownership; stock conversion; termination of nonstock voting membership
§ 5-5A-09. Conversion of corporation into consumer cooperative; adoption of name
§ 5-5A-10. Use of word "cooperative" in conducting business
§ 5-5A-11. Bylaws
§ 5-5A-12. Management of cooperative; number and qualifications of directors
§ 5-5A-13. Original directors; election and term of successors
§ 5-5A-14. Bylaws provision for election of directors and delegates of members
§ 5-5A-15. Officers
§ 5-5A-16. Removal of directors, officers, and delegates
§ 5-5A-17. Remuneration of officers and directors
§ 5-5A-18. Eligibility for membership
§ 5-5A-19. Meetings; quorum
§ 5-5A-20. Voting
§ 5-5A-21. Amendments to articles of incorporation; action on bylaws
§ 5-5A-22. Apportionment of net savings
§ 5-5A-23. Auditing; annual report
§ 5-5A-24. Consolidation, merger, transfer of assets, dissolution, or division
§ 5-5A-25. Division
§ 5-5A-26. Applicability of subtitle
§ 5-5A-27. Organization of economic activity under subtitle not cause of illegality in itself
§ 5-5A-28. Evidence of membership capital not security
§ 5-5A-29. Applicability of general corporation law
§ 5-5A-30. Short title