Corporations and Associations (GCA) — Title 5. Special Types of Corporations
Statutes in effect as of October 1, 2026.
Subtitle 6D. Cooperative Limited Equity Housing Corporations
Md. Code Ann., Corps. & Ass'ns § 5-6D-07 (2026)
Title 5. Special Types of Corporations
Subtitle 6D. Cooperative Limited Equity Housing Corporations
§ 5–6D-07LinkCopy Citation
(a)
The Department of Housing and Community Development may:
(1)
To the extent applicable to and not inconsistent with this subtitle, using a standardized methodology, establish additional rights and requirements for a cooperative limited equity housing corporation and its members based on an individualized assessment of the cooperative;
(2)
Base a determination under item (1) of this subsection on the rights and requirements for cooperative housing corporations and their members under Subtitle 6B of this title; and
(3)
Establish a program to provide grants to Maryland nonstock corporations to promote the establishment of cooperative limited equity housing corporations.
(b)
The Department of Housing and Community Development shall adopt regulations to carry out this section.
Md. Code Ann., Corps. & Ass'ns § 5-6D-08 (2026)
Title 5. Special Types of Corporations
Subtitle 6D. Cooperative Limited Equity Housing Corporations
§ 5–6D-08LinkCopy Citation
(a)
(1)
All laws, ordinances, and regulations concerning building codes or zoning shall:
(i)
Have full force and effect to the extent that they apply to property that is subject to a cooperative limited equity housing corporation regime; and
(ii)
Be construed and applied with reference to the overall nature and use of the property without regard to the form of ownership.
(2)
A law, an ordinance, or a regulation concerning building codes or zoning may not establish any requirement or standard governing the use, location, placement, or construction of any land and improvements that are subject to the provisions of this title, unless the requirement or standard is uniformly applicable to all land and improvements of the same kind or character not subject to the provisions of this title.
(b)
(1)
Except as otherwise provided in this title, a county, city, or other jurisdiction may not enact any law, ordinance, or regulation that would impose a burden or restriction on a cooperative limited equity housing corporation that is not imposed on all other property of similar character that is not subjected to a cooperative limited equity housing corporation regime.
(2)
A law, an ordinance, or a regulation described under paragraph (1) of this subsection is void and unenforceable.
(3)
(i)
Except as otherwise expressly provided in this title, the provisions of this title apply to the entire State.
(ii)
Any law, ordinance, or regulation enacted by a county, city, or other jurisdiction that is inconsistent with this title is preempted by this title.
(c)
The prohibition in subsection (a) of this section includes requirements through local law or ordinance that restrict the sale of residential rental facilities to a Maryland nonstock corporation that plans to convert to a cooperative limited equity housing corporation.
Md. Code Ann., Corps. & Ass'ns § 5-6D-09 (2026)
Title 5. Special Types of Corporations
Subtitle 6D. Cooperative Limited Equity Housing Corporations
§ 5–6D-09LinkCopy Citation
The Department shall adopt regulations to carry out this subtitle and ensure the effective functioning of cooperative limited equity housing corporations.