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§ 6-406. Special meetings to address unsafe or unauthorized practices

West's Annotated Code of MarylandFinancial Institutions

West's Annotated Code of Maryland
Financial Institutions
Title 6. Credit Unions (Refs & Annos)
Subtitle 4. Examinations and Reports (Refs & Annos)
MD Code, Financial Institutions, § 6-406
§ 6-406. Special meetings to address unsafe or unauthorized practices
In general
(a) The board may call a meeting of the members of the credit union to act on any practice of the credit union that the supervisory committee considers unsafe or unauthorized.
Advance notice to Commissioner
(b) The board shall give the Commissioner advance notice of a meeting of the members that is called under subsection (a) of this section.

Credits

Added as Financial Institutions § 6-306 by Added by Acts 1980, c. 33, § 2, eff. July 1, 1980. Amended by Acts 1996, c. 326, § 2, eff. July 1, 1996. Renumbered as Financial Institutions § 6-406 and amended by Acts 2001, c. 147, § 1, eff. Oct. 1, 2001; Acts 2001, c. 148, § 1, eff. Oct. 1, 2001.
MD Code, Financial Institutions, § 6-406, MD FIN INST § 6-406
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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