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Session Laws, 1986
Volume 768, Page 4065   View pdf image
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HARRY HUGHES, Governor

4065

(5) That the entity is engaged in providing goods or
services for the primary and mutual benefit of the membership.

5-5A-08.

(f) A nonstock voting membership shall be continuing unless
terminated by:

(1)  A written request from the member; OR

(2)   [The member's failure to patronize the facilities
or vote in any election of the consumer cooperative for 3
consecutive years; or

(3)] The member's failure to comply with the articles
of incorporation or bylaws of the cooperative after receiving
notice as required in the bylaws.

5-5A-10.

The following cooperatives are entitled to use the word
"cooperative", or any abbreviation or derivation thereof, as part
of their business names, or to represent themselves in their
advertising or otherwise as conducting business on a cooperative
basis:

(1)  Cooperatives organized under this subtitle[,] OR
Subtitle 5, Agricultural Cooperatives[, or Subtitle 5B, Housing
Cooperatives];

(2)  Entities organized under any other law of this
State that are operated on a cooperative basis INCLUDING HOUSING

COOPERATIVES; or ;

(3)  Foreign corporations operating on a cooperative
basis and authorized to do business in this State ; OR

(4) HOUSING COOPERATIVES. INCLUDING ANY HOUSING
COOPERATIVE THAT DOES NOT OPERATE ON A COOPERATIVE BASIS.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1986.

May 27, 1986
The Honorable Benjamin L. Cardin
Speaker of the House of Delegates
State House
Annapolis, Maryland 21404

Dear Mr. Speaker:

 

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Session Laws, 1986
Volume 768, Page 4065   View pdf image
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