§ 9-608. Approval by Division Director

Latest version.

   (a) Filing. -- The board of directors of the converting association shall deliver to the Division Director:

   (1) A certified copy of the minutes of the meeting at which the conversion was approved; and

   (2) The executed charter amendments and a conformed copy.

(b) Approval order. -- On receipt of the minutes and charter amendments under subsection (a) of this section, the Division Director shall:

   (1) Endorse the executed copy of the charter amendments as approved; and

   (2) Send to the converting association:

      (i) The endorsed copy; and

      (ii) A final order of approval of the conversion to a capital stock association.

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

                    
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