Maryland § 4A-12A-01 - NOT IN EFFECT
Full text of Maryland Maryland Code § 4A-12A-01 — NOT IN EFFECT, with citation guidance and answers to common questions.
§ 4A-12A-01. NOT IN EFFECT
NOT IN EFFECT
** TAKES EFFECT OCTOBER 1, 2026 PER CHAPTERS 198 AND 199 OF 2025 **
(a) In this subtitle the following words have the meanings indicated.
(b) “Assembly” means all members of a limited worker cooperative association who have voting rights under this subtitle and the limited worker cooperative association’s cooperative agreement.
(c) “Collective worker cooperative” means a limited worker cooperative association that has only one class of members consisting of worker members who manage all of the affairs of the association.
(d) “Cooperative agreement” means the operating agreement of a limited worker cooperative association.
(e) “Foreign worker cooperative” means an entity formed under the laws of a state other than this State that is similar to an entity formed under this subtitle.
(f) “Investor member” means a member of a limited worker cooperative association who is not required or permitted to conduct patronage with the association in the member’s capacity as an investor member in order to receive or retain the member’s interest in the association.
(g) “Limited worker cooperative association” means a Maryland limited liability company that elects to be a limited worker cooperative association in accordance with this subtitle.
(h) “Patron member” means a member of a limited worker cooperative association who is required or permitted to conduct patronage with the association.
(i) “Patronage” means business transactions between a limited worker cooperative association and a person that entitles the person to receive financial rights based on the value or quantity of business between the association and the person.
(j) “Representative” means a person serving on the board of representatives of a limited worker cooperative association.
(k) “Voting power” means the proportion of total votes entitled to be cast on a matter that are held by a particular member or a group or class of members.
(l) “Worker member” means a patron member of a limited worker cooperative association who is a natural person and whose patronage consists of or includes labor contributed to or for the association.
Frequently Asked Questions About Maryland § 4A-12A-01
What does Maryland Code § 4A-12A-01 cover?
Section 4A-12A-01 ("NOT IN EFFECT") is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 4A-12A-01?
A common citation format is "Maryland Code § 4A-12A-01" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 4A-12A-01 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.