{"data":{"id":"us-md/md.-code-corporations-and-associations-5-5a-05","jurisdiction":"us-md","citation":"Md. Code, Corporations and Associations § 5–5A–05","heading":"","body":"(a) A cooperative may be formed as a stock corporation or as a nonstock corporation.\n(b) Membership interests may be evidenced by certificates of stock, certificates of membership, or notification of credit to a member’s capital or ownership account.","path":["Article - Corporations and Associations"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca\u0026section=5-5A-05","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:43Z","sha256":"3df0cbf1637b61ef194f1fc33d9c67ff41f304d1aeddef68218820eb2defe849","source_id":"us-md","stale":false,"prev":"us-md/md.-code-corporations-and-associations-5-5a-04","next":"us-md/md.-code-corporations-and-associations-5-5a-06"},"notice":"GroundRules: Original legal text. Not legal advice."}