MD LEG Co-op Dispute Settlement


On Mar. 29, MD LEG passed bill on co-op housing dispute resolution.


  • MD LEG passed SB 15/HB 309 altering dispute resolution procedures under MD Cooperative Housing Corporation Act, and dispute settlement in cooperative housing.
  • The bill repeals and reenacts with various amendments in MD LEG 5-6B-30.
  • Provisions
  • Applies to complaints or demands arising on or after Oct. 1, 2023 unless the cooperative corporation's bylaws or lease of a party to dispute states otherwise.
  • Defines service of notice of a dispute to a member and states alleged violation, steps required to abate the violation, and a time period of not less than 15 days to cure.
  • Provides procedures for requesting a hearing regarding the dispute with at least 10 days' prior notice of such hearing and the time and place of the hearing required.
  • Sets procedure for board to act if member does not request a hearing on matter.
  • Legislative History
  • On Jan. 10, 2024, bill introduced in Senate; on Mar. 14, 2024, bill passed Senate.
  • On Mar. 15, 2024, bill introduced in House; on Mar. 29, 2024, bill passed House.
  • Effectiveness
  • If enacted, SB 15/HB 309 becomes effective Oct. 1, 2024.
  • Apr. 2024 MD LEG Governor Approval
  • On Apr. 25, 2024, MD LEG reported bill was approved by governor, Chapter 255, 256.

Regulators MD LEG
Entity Types CNSM; Corp
Reference Ch. 255, 256, 4/25/2024; Bill, SB0015, HB0309, 3/29/2024; Citation: MD LEG 5-6B-30;
Functions Complaints; Compliance; Financial; Legal
Countries United States of America
Category
State
Products Corporate
Regions Am
Rule Type Final
Rule Date 3/29/2024
Effective Date 10/1/2024
Rule Id 207061
Linked to N/A
Reg. Last Update 4/25/2024
Report Section US Consumer

Last substantive update on 04/30/2024