§ 5-601

Maryland § 5-601

• Jurisdiction: Maryland
• Article gca: Corporations and Associations
• Title: 5

Text

(a) In this subtitle the following words have the meanings indicated.

(b) “Commission” means the Public Service Commission.

(c) “Cooperative” means a corporation that:

(1) Is organized under this subtitle; or

(2) Becomes subject to this subtitle in the manner provided in this subtitle.

(d) “Electric plant” means the material, equipment, and property owned by a cooperative and used or to be used for or in connection with electric service.

(e) “Member” means a person or household that has been qualified and accepted for membership in a cooperative in accordance with its bylaws.

(f) “Member–regulated cooperative” means a cooperative:

(1) That provides retail electric service to its members on the Eastern Shore of Maryland; and

(2) Whose board of directors has passed a binding resolution to operate as a member–regulated cooperative.

(g) (1) “Person” has the meaning stated in § 1–101 of this article.

(2) “Person” includes:

(i) The State;

(ii) A county, municipal corporation, or other political subdivision of the State; and

(iii) A unit of federal, State, or local government.