§ 5-502

Md. Code, Corporations and Associations § 5-502, under Article — Corporations and Associations.

Md. Code, Corporations and Associations § 5-502

A cooperative may be incorporated for any combination of the following purposes:

(1) Collectively to produce, process, prepare for market, handle, store, and market the products of persons engaged in the production of agricultural or fishery products;

(2) To act as a selling or buying agent for its members; and

(3) To purchase or otherwise acquire goods or services for its members.