§ 4A-12A-02

Md. Code, Corporations and Associations § 4A-12A-02, under Article — Corporations and Associations.

Md. Code, Corporations and Associations § 4A-12A-02

[NOT IN EFFECT] ** TAKES EFFECT OCTOBER 1, 2026 PER CHAPTERS 198 AND 199 OF 2025 **

(a) The provisions of this subtitle apply to limited worker cooperative associations except to the extent that:

(1) The context of a provision clearly requires otherwise; or

(2) A specific provision of this title provides otherwise.

(b) This subtitle applies only to a limited worker cooperative association.

(c) (1) The existence of this subtitle does not of itself create any implication that a contrary or different rule of law is or would be applicable to a limited liability company that is not a limited worker cooperative association.

(2) This subtitle does not affect any statute or rule of law as it applies to a limited liability company that is not a limited worker cooperative association.

(d) A provision of the articles of organization or cooperative agreement of a limited worker cooperative association may not be inconsistent with any provision of this subtitle.