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Maryland Consumer Cooperative Act
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Maryland Consumer Cooperative Act
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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