Skip to main content
Find a Lawyer

Maryland Code, Corporations and Associations § 5-615

Current as of January 01, 2025 | Updated by Findlaw Staff

(a)(1) Each incorporator of a cooperative shall be a member of the cooperative.

(2) A person other than an incorporator may become a member of the cooperative if the person agrees to use electricity or other services supplied by the cooperative when the electricity or services are made available through the cooperative's facilities.

(b) The bylaws may provide additional qualifications for and limitations on membership.

(c) The membership of a member of a cooperative who agrees to use electricity shall terminate if:

(1) The member does not use electricity supplied by the cooperative within 6 months after it is made available to the member; or

(2) The cooperative does not make electricity available to the member within 2 years after the person becomes a member or within any shorter period provided by the bylaws of the cooperative.

(d) A husband and wife may hold a joint membership in a cooperative.

(e) Unless the bylaws provide otherwise, membership in a cooperative is not transferable.

(f)(1) A member of a cooperative is not liable for the debts of the cooperative.

(2) The property of a member of a cooperative is not subject to execution for the debts of the cooperative.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Maryland Code, Corporations and Associations § 5-615 - last updated January 01, 2025 | https://codes.findlaw.com/md/corporations-and-associations/md-code-corp-and-assns-sect-5-615/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard