§ 9-629. Partial liquidation, dissolution, or reorganization

Latest version.

   A savings and loan association may reorganize, partially liquidate, or dissolve if:

   (1) It complies with Title 3 of the Corporations and Associations Article; and

   (2) The Division Director approves the plan of reorganization, partial liquidation, or dissolution.

HISTORY: CA § 6-226; 1980, ch. 856; 1986, ch. 282.

                    
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