§ 5-605

Md. Code Ann., Corps. & Ass'ns § 5-605

Purpose of cooperative

Effective Oct 1, 2025Added by Acts 2002, c. 135, § 3, eff. Oct. 1, 2002. Amended by Acts 2025, c. 212, § 1, eff. Oct. 1, 2025; Acts 2025 c. 213, § 1, eff. Oct. 1, 2025.State of Maryland

A cooperative, nonprofit, membership corporation may be organized under this subtitle for the purpose of supplying, promoting, and extending the use of electricity.

Added by Acts 2002, c. 135, § 3, eff. Oct. 1, 2002. Amended by Acts 2025, c. 212, § 1, eff. Oct. 1, 2025; Acts 2025 c. 213, § 1, eff. Oct. 1, 2025.