Home Table of Contents

§ 9-1103. 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 11. Mutual Association Conversion to a Credit Union (Refs & Annos)
MD Code, Financial Institutions, § 9-1103
§ 9-1103. Meeting of members to consider plan of conversion
In general
(a) If a mutual association wishes to convert to a credit union, the board of directors of the mutual association shall call a meeting of the members of the mutual association for the purpose of considering the proposal to convert.
Notice of meeting
(b) The mutual association shall give notice of the meeting as provided in Title 2, Subtitle 5 of the Corporations and Associations Article.

Credits

Added by Acts 1988, c. 635, § 1, eff. June 1, 1988.
MD Code, Financial Institutions, § 9-1103, MD FIN INST § 9-1103
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.
End of Document