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§ 4-402. Annual meetings of members and stockholders

West's Annotated Code of MarylandFinancial Institutions

West's Annotated Code of Maryland
Financial Institutions
Title 4. Banking Institutions--Savings Banks
Subtitle 4. Members (Refs & Annos)
MD Code, Financial Institutions, § 4-402
§ 4-402. Annual meetings of members and stockholders
Currentness
Annual meetings of members
(a) The bylaws of a savings bank shall provide for annual meetings of the members to:
(1) Elect directors;
(2) Elect members, unless the charter of the savings bank provides for a different method of electing members; and
(3) Transact other business.
Annual meetings of stockholders
(b) The bylaws of a subsidiary savings bank shall provide for annual meetings of the stockholders to:
(1) Elect directors; and
(2) Transact other business.

Credits

Added by Acts 1980, c. 33, § 2, eff. July 1, 1980. Amended by Acts 1980, c. 807, § 1; Acts 1986, c. 355, § 1, eff. July 1, 1986.
MD Code, Financial Institutions, § 4-402, MD FIN INST § 4-402
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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