§ 5–5A-15

Statutes in effect as of October 1, 2026.

Md. Code Ann., Corps. & Ass'ns § 5-5A-15 (2026)

Title 5. Special Types of Corporations

Subtitle 5A. Maryland Consumer Cooperative Act

(a)

Each cooperative shall have the following officers:

(1)

President or chairman;

(2)

Vice president or vice chairman;

(3)

Secretary; and

(4)

Treasurer.

(b)

The offices of secretary and treasurer may be combined.

(c)

In addition to the required officers, a cooperative may have any other officers provided for in the bylaws.

(d)

The president or chairman and vice president or vice chairman shall be elected by and from among the directors.