Md. Code, Corporations and Associations § 5-514
This is the official text of Md. Code, Corporations and Associations § 5-514, part of Maryland’s Code, Corporations and Associations — governs the formation and operation of corporations, LLCs, and partnerships.
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§5–514.
Official statutory text
(a) Subject to the provisions of this section, the bylaws may provide for:
(1) The division into districts of the territory in which the cooperative has members; and
(2) The election of directors according to these districts by the members residing in them.
(b) If there is a provision for election by districts, the bylaws shall specify:
(1) The number of directors to be elected from each district; and
(2) The manner and method of apportioning or reapportioning the directors and of districting or redistricting the territory.
(c) If there is a provision for election by districts, the bylaws shall require that:
(1) Primary elections be held in each district;
(2) The number of candidates in each district be greater than the number of directors to be elected in the district; and
(3) The result of the primary elections in each district be ratified at the next regular meeting of the cooperative by majority vote of the members voting in person or by mail.
(1) The division into districts of the territory in which the cooperative has members; and
(2) The election of directors according to these districts by the members residing in them.
(b) If there is a provision for election by districts, the bylaws shall specify:
(1) The number of directors to be elected from each district; and
(2) The manner and method of apportioning or reapportioning the directors and of districting or redistricting the territory.
(c) If there is a provision for election by districts, the bylaws shall require that:
(1) Primary elections be held in each district;
(2) The number of candidates in each district be greater than the number of directors to be elected in the district; and
(3) The result of the primary elections in each district be ratified at the next regular meeting of the cooperative by majority vote of the members voting in person or by mail.
Status: in_force · Read it on the official government site
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