Md. Code, Corporations and Associations § 5–5A–12
Where this section sits in the code
- Article - Corporations and Associations
(a) The business and affairs of a cooperative shall be managed under the direction of a board of directors. Every cooperative shall have at least 5 directors.
(b) Except in the case of foreign cooperatives, at least 2 of the directors shall be residents of this State.
(c) Each director shall be a member of the cooperative or of a member cooperative.
Collected 2026-09-14T19:56:43Z. Source file · JSON