§ 5-511
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/md/corporations-and-associations/5-511·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§5–511.
(a)Within 30 days after the Department accepts for record the articles of incorporation of a cooperative or the articles of amendment and restatement of a corporation converting into a cooperative, the cooperative shall adopt bylaws not inconsistent with law or its charter for the regulation and management of its affairs.
(b)The bylaws of a cooperative may be adopted, altered, amended, or repealed only by the affirmative vote of two thirds of the members voting in person or by mail.
(c)The original or a certified copy of the bylaws and all amendments shall be kept at the principal office of the cooperative.