Maryland Code|Subtitle 5A - Maryland Consumer Cooperative Act

Section 5-5A-01 - Applicability of Subtitle

Section 5-5A-02 - Definitions

Section 5-5A-03 - Incorporation of Consumer or Federated Cooperative; Permissible Business Activity

Section 5-5A-04 - Number Required for Incorporation

Section 5-5A-05 - Formation of Cooperative; Evidence of Membership Interest

Section 5-5A-06 - General Powers

Section 5-5A-07 - Contents of Articles of Incorporation or Bylaws

Section 5-5A-08 - Limitation on Stock Ownership; Member's Withdrawal or Disposal of Interest; Classes of Ownership; Stock Conversion; Termination of Nonstock Voting Membership

Section 5-5A-09 - Conversion of Corporation Into Consumer Cooperative; Adoption of Name

Section 5-5A-10 - Use of Word "Cooperative" in Conducting Business

Section 5-5A-11 - Bylaws

Section 5-5A-12 - Management of Cooperative; Number and Qualifications of Directors

Section 5-5A-13 - Original Directors; Election and Term of Successors

Section 5-5A-14 - Bylaws Provision for Election of Directors and Delegates of Members

Section 5-5A-15 - Officers

Section 5-5A-16 - Removal of Directors, Officers, and Delegates

Section 5-5A-17 - Remuneration of Officers and Directors

Section 5-5A-18 - Eligibility for Membership

Section 5-5A-19 - Meetings; Quorum

Section 5-5A-20 - Voting

Section 5-5A-21 - Amendments to Articles of Incorporation; Action on Bylaws

Section 5-5A-22 - Apportionment of Net Savings

Section 5-5A-23 - Auditing; Annual Report

Section 5-5A-24 - Consolidation, Merger, Transfer of Assets, Dissolution, or Division

Section 5-5A-25 - Division

Section 5-5A-26 - Applicability of Subtitle

Section 5-5A-27 - Organization of Economic Activity Under Subtitle Not Cause of Illegality in Itself

Section 5-5A-28 - Evidence of Membership Capital Not Security

Section 5-5A-29 - Applicability of General Corporation Law

Section 5-5A-30 - Short Title

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