Unannotated Code of Maryland (Last Updated: May 16, 2014) |
FINANCIAL INSTITUTIONS |
TITLE 6. CREDIT UNIONS |
SUBTITLE 3. FORMATION, ORGANIZATION, AND POWERS. |
PART IV. OFFICIALS AND OFFICERS. |
§ 6-332. Suspension of directors, officers, and credit committee members
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(a) Special meeting. -- A board may call a special meeting of the members to act on a report or recommendation of the supervisory committee that concerns the suspension from office of a member of the credit committee, a director, or an officer.
(b) Notice of meeting. -- The notice of the special meeting shall be given within 7 days after the board receives the report or recommendation.