Md. Code Ann., Corps. & Ass'ns § 5-641
Redline — January 1, 2019 → current.View current text →
Current — January 1, 2021
As of January 1, 2019
A mortgage, deed of trust, security agreement, or other security instrument affecting real or personal property, or both, executed by a cooperative or foreign corporation doing business in the State under this subtitle is governed by the Real Property Article or by Title 9 of the Maryland Uniform Commercial Code, or both, as applicable.
(a) A member–regulated cooperative shall establish policies regarding termination of service, including termination of service:
(1) To low–income members;
(2) To a member in cold weather; and
(3) To a member in hot weather.
(b) The board of directors may, as necessary, amend the policies regarding termination of service.
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.