§ 5-616

Maryland § 5-616

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

Text

(a) (1) An annual meeting of the members of a cooperative shall be held at the time and place provided in the bylaws.

(2) An annual meeting may be held:

(i) In person;

(ii) Virtually; or

(iii) With a combination of in–person and virtual attendance.

(b) A special meeting of the members of a cooperative may be:

(1) Called by:

(i) The chairman;

(ii) A majority of the board of directors; or

(iii) Not less than 10% of the members; and

(2) Held:

(i) In person;

(ii) Virtually; or

(iii) With a combination of in–person and virtual attendance.

(c) The members of the cooperative, by a majority vote, shall determine in the cooperative’s bylaws how meetings may be held.