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Ch. 135
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2002 LAWS OF MARYLAND
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In subsection (a)(14) of this section, the reference to "roadways and public ways"
is substituted for the former reference to "public thoroughfares" for consistency with
terminology used in PUC § 7-103.
Also in subsection (a)(14) of this section, the former reference to "roads,
highways, streets, alleys, bridges and causeways" is deleted as included in the
reference to "roadways and public ways".
Also in subsection (a)(14) of this section, the reference to the "governing body of
the municipal corporation or county" is substituted for the former reference to "the
municipal authorities of the city or town, or of the county commissioners or county
council of the county" for brevity and consistency with terminology used in PUC §
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7-103.
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In subsection (a)(15) of this section, the reference to "condemnation" is
substituted for the former reference to "eminent domain" for consistency with
terminology used in PUC Title 5, Subtitle 4.
In subsection (a)(17) of this section, the phrase "in any state, territory, district,
and possession of the United States and in any foreign country" is substituted for the
former phrase "within or without this State" for consistency with similar provisions of
the Maryland General Corporation Law. See, e.g., § 2-103(4) of this article.
In subsection (b) of this section, the reference to "subsection (a)(5)(iii) of this
section" is added for clarity.
Defined terms: "Assets" § 1-101
"Cooperative" § 5-601
"County" § 1-101
"Electric plant" § 5-601
"Member" § 5-601
"Person" § 5-601
5-608. ARTICLES OF INCORPORATION.
(A) REQUIRED PROVISIONS.
THE ARTICLES OF INCORPORATION OF A COOPERATIVE SHALL CONTAIN:
(1) THE NAME OF THE COOPERATIVE;
(2) THE ADDRESS OF THE PRINCIPAL OFFICE OF THE COOPERATIVE;
(3) THE NAME AND ADDRESS OF THE RESIDENT AGENT OF THE
COOPERATIVE;
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THE NAME AND ADDRESS OF EACH INCORPORATOR;
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(4)
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THE NAME AND ADDRESS OF EACH DIRECTOR; AND
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(5)
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- 1410 -
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