§ 9-605. Preliminary approval

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Within 60 days of the filing of an application, if the Division Director finds that the mutual association has met the requirements of § 9-604 of this subtitle, the Division Director shall issue to the converting association a letter of preliminary approval of the conversion.

HISTORY: CA § 6-217; 1980, ch. 856; 1986, ch. 282.

                    
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