{"data":{"id":"us-md/md.-code-corporations-and-associations-5-512","jurisdiction":"us-md","citation":"Md. Code, Corporations and Associations § 5–512","heading":"","body":"(a) The business and affairs of a cooperative shall be managed under the direction of a board of directors.\n(b) Every cooperative shall have at least five directors, at least two of whom are residents of the State and each of whom is a member of the cooperative or of a member cooperative.","path":["Article - Corporations and Associations"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca\u0026section=5-512","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:43Z","sha256":"c046da5d725caef38bf3a44c6fb58d8d4b7f4b96765d220767a8d1a25b405519","source_id":"us-md","stale":false,"prev":"us-md/md.-code-corporations-and-associations-5-511","next":"us-md/md.-code-corporations-and-associations-5-513"},"notice":"GroundRules: Original legal text. Not legal advice."}