Md. Code, Corporations and Associations § 5-512

Md. Code, Corporations and Associations § 5-512
in effect
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(a) The business and affairs of a cooperative shall be managed under the direction of a board of directors. (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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca&section=5-512&enactments=falseFetched: 10/16/2026

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