§ 9-620. Application to convert

Latest version.

   To convert to a Maryland savings and loan association, the board of directors of a federal association shall deliver to the Division Director:

   (1) A written application in the form that the Division Director requires;

   (2) The executed copy of the proposed articles of incorporation and a conformed copy;

   (3) The proposed bylaws;

   (4) Any additional exhibits the Division Director requires; and

   (5) A filing fee of $ 1,000.

HISTORY: CA § 6-229; 1980, ch. 856; 1986, ch. 282.

                    
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