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§ 9-601. Conversion of mutual association to capital stock association

West's Annotated Code of MarylandFinancial Institutions

West's Annotated Code of Maryland
Financial Institutions
Title 9. Savings and Loan Associations
Subtitle 6. Conversions; Extraordinary Actions (Refs & Annos)
Part I. Mutual Association Conversion to Capital Stock Association
MD Code, Financial Institutions, § 9-601
§ 9-601. Conversion of mutual association to capital stock association
Currentness
A mutual association may convert to a capital stock association if:
(1) Its members approve;
(2) Its charter is amended; and
(3) The Division Director approves.

Credits

Added by Acts 1980, c. 856, § 2, eff. July 1, 1980. Amended by Acts 1986, c. 282, § 1, eff. June 1, 1986.
MD Code, Financial Institutions, § 9-601, MD FIN INST § 9-601
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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