Maryland Statutes

§ 5-615

Maryland·Article gca Corporations and Associations·Title 5
(a)(1) Each incorporator of a cooperative shall be a member of the cooperative.
(2)A person other than an incorporator may become a member of the cooperative if the person agrees to use electricity or other services supplied by the cooperative when the electricity or services are made available through the cooperative’s facilities.
(b)The bylaws may provide additional qualifications for and limitations on membership.
(c)The membership of a member of a cooperative who agrees to use electricity shall terminate if:
(1)The member does not use electricity supplied by the cooperative within 6 months after it is made available to the member; or
(2)The cooperative does not make electricity available to the member within 2 years after

Free access — add to your briefcase to read the full text and ask questions with AI

Maryland § 5-615 — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
§ 5-101
§ 5-101
§ 5-102
§ 5-102
§ 5-103
§ 5-103
§ 5-104
§ 5-104
§ 5-105
§ 5-105
§ 5-106
§ 5-106
§ 5-107
§ 5-107
§ 5-108
§ 5-108
§ 5-109
§ 5-109
§ 5-110
§ 5-110
§ 5-111
§ 5-111
§ 5-112
§ 5-112
§ 5-113
§ 5-113
§ 5-114
§ 5-114
§ 5-115
§ 5-115
View on official source ↗