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§ 5-616. Meetings of members

West's Annotated Code of MarylandCorporations and AssociationsEffective: July 1, 2021

West's Annotated Code of Maryland
Corporations and Associations
Title 5. Special Types of Corporations (Refs & Annos)
Subtitle 6. Electric Cooperatives
Part III. Members
Effective: July 1, 2021
MD Code, Corporations and Associations, § 5-616
§ 5-616. Meetings of members
Currentness
Annual meeting
(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.
Special meetings
(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.
How meetings may be held
(c) The members of the cooperative, by a majority vote, shall determine in the cooperative's bylaws how meetings may be held.

Credits

Added by Acts 2002, c. 135, § 3, eff. Oct. 1, 2002. Amended by Acts 2021, c. 273, § 1, eff. July 1, 2021; Acts 2021, c. 274, § 1, eff. July 1, 2021.
MD Code, Corporations and Associations, § 5-616, MD CORP & ASSNS § 5-616
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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