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§ 5-6B-20. Distribution of written information or materials relating to operation of cooperativ...

West's Annotated Code of MarylandCorporations and AssociationsEffective: October 1, 2014

West's Annotated Code of Maryland
Corporations and Associations
Title 5. Special Types of Corporations (Refs & Annos)
Subtitle 6b. Maryland Cooperative Housing Corporation Act (Refs & Annos)
Effective: October 1, 2014
MD Code, Corporations and Associations, § 5-6B-20
§ 5-6B-20. Distribution of written information or materials relating to operation of cooperative housing corporation
Currentness
Applicability
(a) This section does not apply to the distribution of information or materials at any time before the members, other than the developer, have a majority of votes in the cooperative housing corporation.
Distribution of written information by any member
(b) Subject to subsection (c) of this section, a cooperative housing corporation shall allow any member to distribute written information or materials regarding matters relating to the operation of the cooperative housing corporation in the same place and manner as the governing body distributes written information or materials other than:
(1) Information or materials reflecting assessments imposed on members that the governing body distributes door-to-door; or
(2) Meeting notices that the governing body distributes door-to-door.
Restrictions on time of any distribution
(c) A cooperative housing corporation may place reasonable restrictions on the time of any distribution of written information or materials.

Credits

Added by Acts 2014, c. 567, § 2, eff. Oct. 1, 2014.
MD Code, Corporations and Associations, § 5-6B-20, MD CORP & ASSNS § 5-6B-20
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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