1912

LAWS OF MARYLAND

Ch. 694

transferred only to the cooperative or to another
purchaser approved by the board of directors, on the
terms and conditions provided in its bylaws and printed
on the certificate or other evidence of equity;

(15)   Do anything necessary, suitable, or proper to
accomplish the purposes mentioned in this section and
exercise each power, right, and privilege necessary or
incidental to the purposes for which the cooperative is
organized or to the activities in which it is engaged;
and

(16)  Exercise any other right, power, and privilege
granted by the laws of the State to corporations in
general, if not inconsistent with the provisions of this
subtitle.

5-512.

(b) Every cooperative shall have at least five
directors, at least two of whom are residents of the
State and each of whom is a member of the cooperative OR
OF A MEMBER COOPERATIVE.

5-526.

(a) (1) A cooperative may operate as an agent to
sell the products of its members OR NONMEMBER PATRONS on
a nonprofit basis by contracting to pay the members OR
NONMEMBER PATRONS the resale price for products sold by
them to or through the cooperative, less a uniform charge
to cover the expenses involved in the handling of these
products.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1976.

Approved May 17, 1976.

CHAPTER 695

(House Bill 862)

AN ACT concerning

Criminal Law — Terms of Probation

FOR the purpose of authorizing a court of criminal
jurisdiction to provide for certain terms and
conditions relating to the probation of persons
charged with a crime; and clarifying language.