§ 9–1102
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 9-1102 (2026)
Title 9. Savings and Loan Associations
Subtitle 11. Mutual Association Conversion to a Credit Union
§ 9–1102LinkCopy Citation
A mutual association may convert to a credit union if:
(1)
Its members approve; and
(2)
Approval is granted by:
(i)
The Division Director; and
(ii)
The Commissioner.