Plain Text Law

§ 9–1109

Statutes in effect as of October 1, 2026.

Md. Code Ann., Fin. Inst. § 9-1109 (2026)
Title 9. Savings and Loan Associations
Subtitle 11. Mutual Association Conversion to a Credit Union

§ 9–1109Copy Citation

In addition to membership authorized in § 6-302 of this article, a credit union resulting from a conversion under this subtitle may permit individuals who, at the time of conversion, are members, savings account holders, directors, officers, employees, or borrowers of a mutual association, to become members of the resulting credit union.