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§ 5-6A-01. Transportation cooperatives, purpose and organization

West's Annotated Code of MarylandCorporations and Associations

West's Annotated Code of Maryland
Corporations and Associations
Title 5. Special Types of Corporations (Refs & Annos)
Subtitle 6a. Transportation Cooperatives
MD Code, Corporations and Associations, § 5-6A-01
§ 5-6A-01. Transportation cooperatives, purpose and organization
Currentness
Organized
(a) Cooperative, nonprofit, membership corporations may be organized to supply, promote, and extend the use of transportation services.
Government of cooperative
(b) Each cooperative organized under this section shall be organized and governed by the provisions of Subtitle 2, “Nonstock Corporations”, of this title.
Corporate name
(c) A cooperative organized under this section may use the term “cooperative” as part of its corporate name.

Credits

Added as Corporations and Associations § 5-602 by Acts 1975, c. 311, § 2, eff. July 1, 1975. Renumbered as Corporations and Associations § 5-6A-01 by Acts 2002, c. 135, § 1, eff. Oct. 1, 2002.
Formerly Art. 23, § 411A.
MD Code, Corporations and Associations, § 5-6A-01, MD CORP & ASSNS § 5-6A-01
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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