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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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FINANCIAL INSTITUTIONS |
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TITLE 9. SAVINGS AND LOAN ASSOCIATIONS |
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SUBTITLE 6. CONVERSIONS; EXTRAORDINARY ACTIONS |
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PART II. STATE-CHARTERED CONVERSION TO FEDERALLY CHARTERED |
§ 9-614. Meeting of members
Latest version.
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(a) Meeting called. -- 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.
(b) Notice. -- The savings and loan association shall give notice of the meeting as provided in Title 2, Subtitle 5 of the Corporations and Associations Article.