1662 LAWS OF MARYLAND. [CH. 907

474. Amendment of Articles of Incorporation. A co-op-
erative may amend its articles of incorporation by complying
with the following requirements: The proposed amendment
shall be presented to a meeting of the members, the notice
of which shall set forth or have attached thereto the proposed
amendment. If the proposed amendment, with any changes,
is approved by the affirmative vote of not less than two-thirds
of those members voting thereon at such meeting, articles of
amendment shall be executed and acknowledged on behalf of
the cooperative by its president or vice-president and its seal
shall be affixed thereto and attested by its secretary. The ar-
ticles of amendment shall recite that they are executed pur-
suant to this Act and shall state: (1) the name of the coopera-
tive; (2) the address of its principal office; and (3) the
amendment to its articles of incorporation. The president or
vice-president executing such articles of amendment shall
make and annex thereto an affidavit stating that the pro-
visions of this section in respect of the amendment set forth in
such articles were duly complied with.

475. Change of Location of Principal Office or Name or
Address of Resident Agent. A cooperative may, upon author-
ization of its board of directors or its members, change the lo-
cation of its principal office or make any change in the name
or address of its resident agent by filing a certificate reciting
such change, executed and acknowledged by its president or
vice-president under its seal attested by its secretary, in the
office of the State Tax Commission.

476. Consolidation. Any two or more cooperatives (each
of which is hereinafter designated a "consolidating coopera-
tive"), may consolidate into a new cooperative (hereinafter
designated the "new cooperative"), by complying with the fol-
lowing requirements:

(a) The proposition for the consolidation of the consolidat-
ing cooperatives into the new cooperative and proposed ar-
ticles of consolidation to give effect thereto shall be submitted
to a meeting of the members of each consolidating cooperative,
the notice of which shall have attached thereto a copy of the
proposed articles of consolidation;

(b) If the proposed consolidation and the proposed articles
of consolidation, with any amendments, are approved by the
affirmative vote of not less than two-thirds of those members
of each consolidating cooperative voting thereon at each such
meeting, articles of consolidation in the form approved shall
be executed and acknowledged on behalf of each consolidat-
ing cooperative by its president or vice-president and its seal
shall be affixed thereto and attested by its secretary. The