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§ 9-614. Meeting of members to consider plan of conversion

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 II. State-Chartered Conversion to Federally Chartered
MD Code, Financial Institutions, § 9-614
§ 9-614. Meeting of members to consider plan of conversion
In general
(a) If a savings and loan association wishes to convert to a federal association, the board of directors shall call a meeting of the members of the savings and loan association for the purpose of considering the proposal to convert.
Notice of meeting
(b) The savings and loan association shall give notice of the meeting as provided in Title 2, Subtitle 5 of the Corporations and Associations Article.

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, § 9-614, MD FIN INST § 9-614
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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