Md. Code, Corporations and Associations § 5-6B-13
Md. Code, Corporations and Associations § 5-6B-13
in effect(a) A cooperative interest is not a security under the Maryland Securities Act.
(b) The provisions of Title 8 of the Commercial Law Article where consistent with this article shall apply to membership certificates in cooperative housing corporations.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca§ion=5-6B-13&enactments=falseFetched: 10/16/2026
