§ 5–6B-13
Statutes in effect as of October 1, 2026.
Md. Code Ann., Corps. & Ass'ns § 5-6B-13 (2026)
Title 5. Special Types of Corporations
Subtitle 6B. Maryland Cooperative Housing Corporation Act
§ 5–6B-13LinkCopy Citation
(a)
A cooperative interest is not a security under the Maryland Securities Act.
(b)
The provisions of Title 8 of the Commercial Law Article where consistent with this article shall apply to membership certificates in cooperative housing corporations.