§ 5–649
Statutes in effect as of October 1, 2026.
Md. Code Ann., Corps. & Ass'ns § 5-649 (2026)
Title 5. Special Types of Corporations
Subtitle 6. Electric Cooperatives
§ 5–649LinkCopy Citation
(a)
The Department shall collect fees for filing and recording corporate documents as provided in § 1–203 of this article.
(b)
On or before July 1 of each year, each cooperative and each foreign corporation doing business in the State under this subtitle shall pay a fee of $100 to the Department.
(c)
Except as provided in subsection (b) of this section, a cooperative or a foreign corporation doing business in the State under this subtitle is not subject to any excise or income tax.