{"data":{"id":"us-md/md.-code-corporations-and-associations-5-5a-12","jurisdiction":"us-md","citation":"Md. Code, Corporations and Associations § 5–5A–12","heading":"","body":"(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.\n(b) Except in the case of foreign cooperatives, at least 2 of the directors shall be residents of this State.\n(c) Each director shall be 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=5-5A-12","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:43Z","sha256":"10b478d290a1861f0976a3e160aa2fc3b3eef61b7bcf854126dc3ed3e6cddece","source_id":"us-md","stale":false,"prev":"us-md/md.-code-corporations-and-associations-5-5a-11","next":"us-md/md.-code-corporations-and-associations-5-5a-13"},"notice":"GroundRules: Original legal text. Not legal advice."}
