Statutes Text
Article - 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.
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