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PARRIS N. GLENDENING, Governor Ch. 135
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In subsection (f)(6) of this section, the former requirement that the articles of
dissolution state that certain provisions have been "duly" complied with is deleted as
implicit in the word "complied".
Defined terms: "Assets" § 1-101
"Cooperative" § 5-601
"County" § 1-101
"Department" § 1-101
"Director" § 1-101
"Member" § 5-601
"Principal office" § 1-101
5-633. RESERVED.
5-634. RESERVED.
PART VI. MISCELLANEOUS PROVISIONS.
5-635. CHANGE OF PRINCIPAL OFFICE, RESIDENT AGENT, OR ADDRESS OF RESIDENT
AGENT.
(A) IN GENERAL.
ON AUTHORIZATION OF ITS BOARD OF DIRECTORS OR MEMBERS, A
COOPERATIVE MAY CHANGE ITS PRINCIPAL OFFICE, ITS RESIDENT AGENT, OR THE
ADDRESS OF ITS RESIDENT AGENT BY FILING FOR RECORD WITH THE DEPARTMENT
A CERTIFICATE THAT STATES THE CHANGE BEING MADE.
(B) EXECUTION OF CERTIFICATE.
THE CERTIFICATE SHALL BE SIGNED AND ACKNOWLEDGED BY THE CHAIRMAN
OR VICE-CHAIRMAN OF THE COOPERATIVE AND ATTESTED BY ITS SECRETARY, AND
THE SEAL OF THE COOPERATIVE SHALL BE AFFIXED TO THE CERTIFICATE.
DRAFTER'S NOTE: This section is new language derived without substantive
change from former Ch, 179, § 16, Acts of 1976, as amended by Ch. 604, Acts of 2001.
In subsection (a) of this section, the reference to filing a certificate "for record
with" the Department is substituted for the former reference to filing a certificate "in
the office of" the Department for accuracy and consistency with similar provisions of
the Maryland General Corporation Law. See, e.g., § 2-108(b) of this article.
Also in subsection (a) of this section, the former reference to changing "the
location of" its principal office is deleted as surplusage.
In subsection (b) of this section, the requirement that the certificate be "signed"
is substituted for the former requirement that the certificate be "executed" to clarify
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