# Financial Institutions (GFI)

## Title 6. Credit Unions

### Subtitle 3. Formation, Organization, and Powers

#### Section 6-326

(a) The office of a director becomes vacant if the director:

  (1) Dies;

  (2) Resigns; or

  (3) Is removed.

(b) A director may be removed from office:

  (1) By the board, in accordance with the bylaws, if the director:

    (i) Does not possess or maintain the qualifications required to serve on the board; or

    (ii) Is absent from three consecutive regular meetings of the board unless excused; or

  (2) By the members.

(c)

  (1) Unless the bylaws provide otherwise, the remaining directors by majority vote shall fill a vacancy.

  (2) A director elected by the board to fill a vacancy holds office as the bylaws provide.

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Md. Code Ann., Fin. Inst. (as displayed at mgaleg.maryland.gov, October 16, 2026)