Maryland Statutes
Subtitle 5A - Maryland Consumer Cooperative Act
Section 5-5A-19 - Meetings; Quorum

(a)    (1)    Every cooperative shall hold at least an annual meeting of its members, or the delegates of its members, to elect directors and to transact any other business within its powers.
        (2)    The annual meeting shall be held at the time provided in the bylaws at the principal office or any other place as determined by the board of directors.
    (b)    (1)    The board of directors may call a special meeting at any time.
        (2)    Ten percent of the members or a lesser number as provided in the bylaws may request a special meeting at any time by filing a petition which states the specific business to be brought before the meeting, and the board of directors shall then call the meeting.
        (3)    Two-thirds of the delegate body of the membership may call a special meeting of the membership at any time.
    (c)    Notice of each membership meeting shall be mailed to each member at least 15 but not more than 90 days before the meeting, and, if a special meeting is called, the notice shall state the purpose of the meeting.
    (d)    Unless the bylaws provide otherwise, a quorum is present:
        (1)    At a membership meeting if 5 percent of the members are present in person or present by mail ballot; and
        (2)    At a meeting of the delegates of the membership if 50 percent of the delegates are present in person.

Structure Maryland Statutes

Maryland Statutes

Corporations and Associations

Title 5 - Special Types of Corporations

Subtitle 5A - Maryland Consumer Cooperative Act

Section 5-5A-01 - Applicability of Subtitle

Section 5-5A-02 - Definitions

Section 5-5A-03 - Incorporation of Consumer or Federated Cooperative; Permissible Business Activity

Section 5-5A-04 - Number Required for Incorporation

Section 5-5A-05 - Formation of Cooperative; Evidence of Membership Interest

Section 5-5A-06 - General Powers

Section 5-5A-07 - Contents of Articles of Incorporation or Bylaws

Section 5-5A-08 - Limitation on Stock Ownership; Member's Withdrawal or Disposal of Interest; Classes of Ownership; Stock Conversion; Termination of Nonstock Voting Membership

Section 5-5A-09 - Conversion of Corporation Into Consumer Cooperative; Adoption of Name

Section 5-5A-10 - Use of Word "Cooperative" in Conducting Business

Section 5-5A-11 - Bylaws

Section 5-5A-12 - Management of Cooperative; Number and Qualifications of Directors

Section 5-5A-13 - Original Directors; Election and Term of Successors

Section 5-5A-14 - Bylaws Provision for Election of Directors and Delegates of Members

Section 5-5A-15 - Officers

Section 5-5A-16 - Removal of Directors, Officers, and Delegates

Section 5-5A-17 - Remuneration of Officers and Directors

Section 5-5A-18 - Eligibility for Membership

Section 5-5A-19 - Meetings; Quorum

Section 5-5A-20 - Voting

Section 5-5A-21 - Amendments to Articles of Incorporation; Action on Bylaws

Section 5-5A-22 - Apportionment of Net Savings

Section 5-5A-23 - Auditing; Annual Report

Section 5-5A-24 - Consolidation, Merger, Transfer of Assets, Dissolution, or Division

Section 5-5A-25 - Division

Section 5-5A-26 - Applicability of Subtitle

Section 5-5A-27 - Organization of Economic Activity Under Subtitle Not Cause of Illegality in Itself

Section 5-5A-28 - Evidence of Membership Capital Not Security

Section 5-5A-29 - Applicability of General Corporation Law

Section 5-5A-30 - Short Title