Md. Code, Financial Institutions § 9-608
This is the official text of Md. Code, Financial Institutions § 9-608, part of Maryland’s Code, Financial Institutions — regulates banks and lenders.
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§9–608.
Official statutory text
(a) 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) 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.
(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) 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.
Status: in_force · Read it on the official government site
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