Md. Code, Corp. & Ass'ns § 5-5A-28
Current with changes from the 2024 legislative session from Chs. 2 through 1049, effective on or before 6/1/2024
Cooperative stock, membership interest, or other evidence of membership capital is not a security under the Maryland Securities Act or any law related to that Act.
Md. Code, CA § 5-5A-28