§ 5–6B-18
Statutes in effect as of October 1, 2026.
Md. Code Ann., Corps. & Ass'ns § 5-6B-18 (2026)
Title 5. Special Types of Corporations
Subtitle 6B. Maryland Cooperative Housing Corporation Act
§ 5–6B-18LinkCopy Citation
(a)
Except as otherwise provided in the articles of incorporation or bylaws, the votes in a cooperative housing corporation shall be assigned so that each unit has one vote.
(b)
Cooperative housing corporations shall not engage in mergers or consolidations if such action is undertaken for the purpose of circumventing §§ 5-6B-02 through 5-6B-12 of this subtitle.