Maryland Code, CORPORATIONS AND ASSOCIATIONS 5-6B-20
Terms Used In Maryland Code, CORPORATIONS AND ASSOCIATIONS 5-6B-20
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(b) Subject to subsection (c) of this section, a cooperative housing corporation shall allow any member to distribute written information or materials regarding matters relating to the operation of the cooperative housing corporation in the same place and manner as the governing body distributes written information or materials other than:
(1) Information or materials reflecting assessments imposed on members that the governing body distributes door-to-door; or
(2) Meeting notices that the governing body distributes door-to-door.
(c) A cooperative housing corporation may place reasonable restrictions on the time of any distribution of written information or materials.