§ 5–601
Statutes in effect as of October 1, 2026.
Md. Code Ann., Corps. & Ass'ns § 5-601 (2026)
Title 5. Special Types of Corporations
Subtitle 6. Electric Cooperatives
§ 5–601LinkCopy Citation
(a)
In this subtitle the following words have the meanings indicated.
(b)
“Commission” means the Public Service Commission.
(c)
“Cooperative” means a corporation that:
(1)
Is organized under this subtitle; or
(2)
Becomes subject to this subtitle in the manner provided in this subtitle.
(d)
“Electric plant” means the material, equipment, and property owned by a cooperative and used or to be used for or in connection with electric service.
(e)
“Member” means a person or household that has been qualified and accepted for membership in a cooperative in accordance with its bylaws.
(f)
“Member–regulated cooperative” means a cooperative:
(1)
That provides retail electric service to its members on the Eastern Shore of Maryland; and
(2)
Whose board of directors has passed a binding resolution to operate as a member–regulated cooperative.
(g)
(1)
“Person” has the meaning stated in § 1–101 of this article.
(2)
“Person” includes:
(i)
The State;
(ii)
A county, municipal corporation, or other political subdivision of the State; and
(iii)
A unit of federal, State, or local government.