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