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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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