§ 5–512
Statutes in effect as of October 1, 2026.
Md. Code Ann., Corps. & Ass'ns § 5-512 (2026)
Title 5. Special Types of Corporations
Subtitle 5. Agricultural Cooperatives
§ 5–512LinkCopy Citation
(a)
The business and affairs of a cooperative shall be managed under the direction of a board of directors.
(b)
Every cooperative shall have at least five directors, at least two of whom are residents of the State and each of whom is a member of the cooperative or of a member cooperative.