§ 7–108
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 7-108 (2026)
Title 7. Credit Union Share Insurance
Subtitle 1. Credit Union Insurance Corporation
§ 7–108LinkCopy Citation
(a)
In the election of directors and in voting on any other matter at a meeting of the members of the Corporation, each member has one vote, to be cast by its delegate.
(b)
A delegate may not vote on behalf of more than one member.
(c)
A majority of the votes cast is sufficient to elect directors or decide any questions voted on by the members.