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Statutes Text

Article - Corporations and Associations




§5–616.

    (a)    (1)    An annual meeting of the members of a cooperative shall be held at the time and place provided in the bylaws.

        (2)    An annual meeting may be held:

            (i)    In person;

            (ii)    Virtually; or

            (iii)    With a combination of in–person and virtual attendance.

    (b)    A special meeting of the members of a cooperative may be:

        (1)    Called by:

            (i)    The chairman;

            (ii)    A majority of the board of directors; or

            (iii)    Not less than 10% of the members; and

        (2)    Held:

            (i)    In person;

            (ii)    Virtually; or

            (iii)    With a combination of in–person and virtual attendance.

    (c)    The members of the cooperative, by a majority vote, shall determine in the cooperative’s bylaws how meetings may be held.



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