(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.