Maryland Statutes

§ 5-636

Maryland·Article gca Corporations and Associations·Title 5
(a)Subject to subsection (b) of this section, within 180 days after providing a certification to the Commission under § 5–635(h) of this subtitle, the cooperative’s board of directors, by a supermajority vote, shall:
(1)Adopt bylaws for the member–regulated cooperative; and
(2)Amend the cooperative’s articles of incorporation to reflect the cooperative’s conversion to being a member–regulated cooperative.
(b)The bylaws and amended articles of incorporation shall:
(1)Authorize the member–regulated cooperative to provide broadband Internet service;
(2)Establish a plan for making broadband Internet service available to members in a manner that maximizes deployment with available financial resources;
(3)Include an al

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