§ 5-502
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/md/corporations-and-associations/5-502·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§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.