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Code · Maryland · Corporations and Associations

§ 5-510

100 words·~1 min read·/md/corporations-and-associations/5-510·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

§5–510.
(a)Except for an electric or transportation cooperative, a person may not use the term “cooperative” as part of his corporate or business name unless he has complied with the provisions of this subtitle.
(b)A foreign corporation organized under and complying with the cooperative law of the place where it was organized may use the term “cooperative” in this State if it:
(1)Complies with the laws of this State applicable to foreign corporations; and
(2)Does business as a cooperative.
(c)Every cooperative shall use the term “cooperative” as part of or affixed to its corporate name.
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