# Financial Institutions (GFI)

## Title 9. Savings and Loan Associations

### Subtitle 3. Organization and Capitalization

#### Section 9-303

Except as otherwise provided by the charter or bylaws, each member of:

(1) A mutual association has one vote; and

(2) A capital stock association has one vote for each share of capital stock that the member owns of record.

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