Plain Text Law

§ 5–616

Statutes in effect as of October 1, 2026.

Md. Code Ann., Corps. & Ass'ns § 5-616 (2026)
Title 5. Special Types of Corporations
Subtitle 6. Electric Cooperatives

§ 5–616Copy Citation

(a)
(1)
An annual meeting of the members of a cooperative shall be held at the time and place provided in the bylaws.
(2)
An annual meeting may be held:
(i)
In person;
(ii)
Virtually; or
(iii)
With a combination of in–person and virtual attendance.
(b)
A special meeting of the members of a cooperative may be:
(1)
Called by:
(i)
The chairman;
(ii)
A majority of the board of directors; or
(iii)
Not less than 10% of the members; and
(2)
Held:
(i)
In person;
(ii)
Virtually; or
(iii)
With a combination of in–person and virtual attendance.
(c)
The members of the cooperative, by a majority vote, shall determine in the cooperative’s bylaws how meetings may be held.