§ 5–636
Statutes in effect as of October 1, 2026.
Md. Code Ann., Corps. & Ass'ns § 5-636 (2026)
Title 5. Special Types of Corporations
Subtitle 6. Electric Cooperatives
§ 5–636LinkCopy Citation
(a)
Subject to subsection (b) of this section, within 180 days after providing a certification to the Commission under § 5–635(h) of this subtitle, the cooperative’s board of directors, by a supermajority vote, shall:
(1)
Adopt bylaws for the member–regulated cooperative; and
(2)
Amend the cooperative’s articles of incorporation to reflect the cooperative’s conversion to being a member–regulated cooperative.
(b)
The bylaws and amended articles of incorporation shall:
(1)
Authorize the member–regulated cooperative to provide broadband Internet service;
(2)
Establish a plan for making broadband Internet service available to members in a manner that maximizes deployment with available financial resources;
(3)
Include an allocation method in accordance with § 5–607(c) of this subtitle to ensure that electric customers do not subsidize the cost of broadband Internet service; and
(4)
Except as provided in § 5–637(a)(2) of this subtitle, be consistent with this subtitle.