Md. Code, Corporations and Associations § 5-6B-21

This is the official text of Md. Code, Corporations and Associations § 5-6B-21, part of Maryland’s Code, Corporations and Associations — governs the formation and operation of corporations, LLCs, and partnerships.

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§5–6B–21.

Official statutory text

(a) This section does not apply to any meetings of members occurring at any time before the members, other than the developer, have a majority of the votes in the cooperative housing corporation.

(b) Subject to reasonable rules adopted by the governing body, members may meet for the purpose of considering and discussing matters relating to the operation of the cooperative housing corporation in any area that is generally open to all members of the cooperative housing corporation.

Status: in_force · Read it on the official government site

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