Md. Code, Corp. & Ass'ns § 5-510

Current with changes from the 2024 legislative session from Chs. 2 through 1049, effective on or before 6/1/2024
Section 5-510 - Use of term "cooperative" in corporate name
(a) Except for an electric or transportation cooperative, a person may not use the term "cooperative" as part of his corporate or business name unless he has complied with the provisions of this subtitle.
(b) A foreign corporation organized under and complying with the cooperative law of the place where it was organized may use the term "cooperative" in this State if it:
(1) Complies with the laws of this State applicable to foreign corporations; and
(2) Does business as a cooperative.
(c) Every cooperative shall use the term "cooperative" as part of or affixed to its corporate name.

Md. Code, CA § 5-510