Md. Code, Corporations and Associations § 4A-12A-12
Md. Code, Corporations and Associations § 4A-12A-12
in effect§4A–12A–12. NOT IN EFFECT
** TAKES EFFECT OCTOBER 1, 2026 PER CHAPTERS 198 AND 199 OF 2025 **
(a) A limited worker cooperative association shall have an assembly as constituted by the body of all voting members.
(b) An individual is not an agent of a limited worker cooperative association solely by being a member of the assembly.
(c) A debt, an obligation, or any other liability of a limited worker cooperative association is solely that of the association and is not a debt, an obligation, or a liability of a member of the assembly solely by reason of being a voting member.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca§ion=4A-12A-12&enactments=falseFetched: 10/16/2026
