§ 5-5A-11. Adoption and amendment of bylaws
West's Annotated Code of MarylandCorporations and Associations
MD Code, Corporations and Associations, § 5-5A-11
§ 5-5A-11. Adoption and amendment of bylaws
(a) Within 30 days after incorporation as a cooperative or within 30 days after the filing of articles of amendment and restatement of a corporation converting to a cooperative, the cooperative shall adopt bylaws not inconsistent with this subtitle for the regulation and management of its affairs.
(b)(1) The initial bylaws of a cooperative may be adopted by the temporary board of directors.
Credits
Added by Acts 1985, c. 739.
MD Code, Corporations and Associations, § 5-5A-11, MD CORP & ASSNS § 5-5A-11
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document |