Maryland Statutes
§ 5-5A-12
Maryland § 5-5A-12
This text of Maryland § 5-5A-12 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Corporations and Associations § 5-5A-12 (2026).
Text
(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.
(b)Except in the case of foreign cooperatives, at least 2 of the directors shall be residents of this State.
(c)Each director shall be a member of the cooperative or of a member cooperative.
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Bluebook (online)
Maryland § 5-5A-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/5-5A-12.