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Code · Maryland · Corporations and Associations

§ 5-6B-31

141 words·~1 min read·/md/corporations-and-associations/5-6b-31·

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§5–6B–31.
(a)This section applies only to a cooperative project that is no longer subject to a mortgage or deed of trust.
(b)Notwithstanding the articles of incorporation, bylaws, or regulations of a cooperative housing corporation or the proprietary lease of any member, a governing body may not bring an action in court to evict a member based solely on the failure of the member to pay assessments owed to the cooperative housing corporation unless:
(1)The member has been delinquent in paying assessments for a period of 3 months or more;
(2)The governing body has given the member notice and an opportunity to be heard regarding the delinquency, consistent with § 5–6B–30 of this subtitle;
(3)The governing body has given the member an opportunity to cure the delinquency; and
(4)The member has failed to cure the delinquency.
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