§ 9-637. Delivery of minutes and charter amendments; action by Commissioner  


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  •    (a) Delivery by board of directors. -- The board of directors of the converting association shall deliver to the Commissioner:

       (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) Action by Commissioner. -- On receipt of the minutes and charter amendments under subsection (a) of this section, the Commissioner 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 commercial bank.


HISTORY: 1986, ch. 591; 1996, ch. 326, § 2.