Unannotated Code of Maryland (Last Updated: May 16, 2014) |
CORPORATIONS AND ASSOCIATIONS |
TITLE 5. SPECIAL TYPES OF CORPORATIONS |
SUBTITLE 6. ELECTRIC COOPERATIVES |
PART III. MEMBERS |
§ 5-616. Meetings of members
Latest version.
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(a) Annual meeting. -- An annual meeting of the members of a cooperative shall be held at the time and place provided in the bylaws.
(b) Special meetings. -- A special meeting of the members of a cooperative may be called by:
(1) The chairman;
(2) A majority of the board of directors; or
(3) Not less than 10% of the members.