§ 5-5A-28. Membership capital, not a security
West's Annotated Code of MarylandCorporations and Associations
MD Code, Corporations and Associations, § 5-5A-28
§ 5-5A-28. Membership capital, not a security
Cooperative stock, membership interest, or other evidence of membership capital is not a security under the Maryland Securities Act1 or any law related to that Act.
Credits
Added by Acts 1985, c. 739.
Footnotes
Corporations and Associations, § 11-101 et seq.
MD Code, Corporations and Associations, § 5-5A-28, MD CORP & ASSNS § 5-5A-28
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.
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