(a) Only members shall be entitled to vote in a cooperative.
(b) Except as to federated cooperatives, the bylaws of a cooperative shall provide for voting on a 1 vote per member basis.
(c) In a federated cooperative, the voting rights of members may be prescribed in the articles of incorporation or bylaws. Voting may not be based solely on the amount of investment by a member or on membership capital attributable to a member.
(d) Voting by mail may be permitted as provided in the articles of incorporation or bylaws of a cooperative.
(e) (1) Subject to the provisions of this subtitle, the bylaws of a cooperative may provide for the nomination and election of delegates to represent the membership.
(2) Where election of delegates has been provided for in the bylaws, unless otherwise stated in the bylaws, a reference in the bylaws to members will be considered to be a reference to delegates.
Structure Maryland Statutes
Title 5 - Special Types of Corporations
Subtitle 5A - Maryland Consumer Cooperative Act
Section 5-5A-01 - Applicability of Subtitle
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-09 - Conversion of Corporation Into Consumer Cooperative; Adoption of Name
Section 5-5A-10 - Use of Word "Cooperative" in Conducting Business
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-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-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-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