Maryland Statutes
Title 5 - Special Types of Corporations
Subtitle 6 - Electric Cooperatives

Part I - Definitions; General Provisions

Section 5-601 - Definitions - (a) In this subtitle the following words have the meanings...

Section 5-602 - Rules of Construction - (a) This subtitle shall be construed liberally. (b) The listing...

Part II - Formation and Powers

Section 5-605 - Purpose - A cooperative, nonprofit, membership corporation may be organized under this...

Section 5-606 - Formation Generally - Five or more individuals or one or more cooperatives may...

Section 5-607 - Powers - (a) A cooperative has the power to: (1) Sue and...

Section 5-608 - Articles of Incorporation - (a) The articles of incorporation of a cooperative shall contain:...

Section 5-609 - Amendment of Articles of Incorporation - (a) A cooperative may amend its articles of incorporation as...

Section 5-610 - Name - (a) (1) Except as provided in paragraph (2) of this...

Section 5-611 - Bylaws - (a) The board of directors shall adopt the initial bylaws...

Section 5-612 - Districts - (a) The bylaws may provide for the division of the...

Part III - Members

Section 5-615 - Members - (a) (1) Each incorporator of a cooperative shall be a...

Section 5-616 - Meetings of Members - (a) (1) An annual meeting of the members of a...

Section 5-617 - Meetings of Members -- Notice - (a) (1) Except as otherwise provided in this subtitle, notice...

Section 5-618 - Meetings of Members -- Quorum - (a) Unless the bylaws require the presence of a greater...

Section 5-619 - Meetings of Members -- Voting - (a) Each member of a cooperative is entitled to one...

Part IV - Directors and Officers

Section 5-622 - Board of Directors - (a) (1) The business of a cooperative shall be managed...

Section 5-623 - Board of Directors -- Election and Tenure; Staggering Terms of Office; Filling Vacancies - (a) The directors of a cooperative named in any articles...

Section 5-624 - Officers - (a) The directors shall elect annually from among the directors...

Part V - Consolidation, Merger, Conversion, and Dissolution

Section 5-627 - Consolidation - (a) A cooperative may consolidate with one or more other...

Section 5-628 - Merger - (a) A cooperative may merge into another cooperative, or have...

Section 5-629 - Effect of Consolidation or Merger - (a) Consummation of a consolidation or merger has the effects...

Section 5-630 - Conversion of Corporation to Cooperative - (a) A Maryland corporation that supplies or is authorized to...

Section 5-631 - Dissolution -- Cooperatives That Have Not Begun Doing Business - (a) A cooperative that has not begun doing business may...

Section 5-632 - Dissolution -- Cooperatives That Have Begun Doing Business - (a) A cooperative that has begun doing business may be...

Part VI - Member-Regulated Cooperatives

Section 5-635 - Voting for a Member-Regulated Cooperative -- Requirements -- Board Meetings - (a) (1) To operate as a member–regulated cooperative, a cooperative...

Section 5-636 - Adoption of Bylaws and Articles of Incorporation - (a) Subject to subsection (b) of this section, within 180...

Section 5-637 - Application to Provision of Broadband Internet Service -- Applicable Statutory Provisions - (a) (1) Except as provided in paragraph (2) of this...

Section 5-638 - Information Available to Members -- Requirements on Rate Changess - (a) A member–regulated cooperative shall make available to its members:...

Section 5-639 - Net Metering Program -- Complaints - A member–regulated cooperative shall: (1) Implement a net metering program...

Section 5-640 - Procedures Governing Member Complaints -- Process - (a) A member–regulated cooperative shall adopt procedures to hear, decide,...

Section 5-641 - Policies on Termination of Service - (a) A member–regulated cooperative shall establish policies regarding termination of...

Section 5-642 - Annual Report on Deployment of Broadband Internet Service -- Access to Facilities - (a) On or before December 1 each year, a member–regulated...

Section 5-643 - Elections to Revert to Cooperative -- Jurisdiction by Commission - (a) (1) A member–regulated cooperative shall hold an election to...

Section 5-644 - Prevailing Provisions if Conflict - If there is a conflict between the provisions of this...

Part VII - Miscellaneous Provisions

Section 5-647 - Change of Principal Office, Resident Agent, or Address of Resident Agent - (a) On authorization of its board of directors or members,...

Section 5-648 - Filing of Articles and Other Corporate Documents - (a) Articles of incorporation, amendment, consolidation, merger, conversion, or dissolution,...

Section 5-649 - Fees; Exemption From Excise and Income Taxes - (a) The Department shall collect fees for filing and recording...

Section 5-650 - Revenues of Cooperative - (a) Revenues of a cooperative for a fiscal year may...

Section 5-651 - Disqualification From Taking Acknowledgments Prohibited - A person who is authorized to take acknowledgments under the...

Section 5-652 - Disposition of Property - (a) (1) Without authorization by the members and on the...

Section 5-653 - Liens on Real and Personal Property - A mortgage, deed of trust, security agreement, or other security...

Section 5-654 - Electric Easement - (a) In this section, “electric easement” means an easement held...

Section 5-655 - Short Title - This subtitle may be cited as the Electric Cooperative Act.