Plain Text Law

§ 9–305

Statutes in effect as of October 1, 2026.

Md. Code Ann., Fin. Inst. § 9-305 (2026)
Title 9. Savings and Loan Associations
Subtitle 3. Organization and Capitalization

§ 9–305Copy Citation

At any meeting of the members of a savings and loan association:
(1)
Except as provided in the charter or bylaws, any number of members present in person or by proxy is a quorum; and
(2)
Unless otherwise specifically provided by law, the charter, or the bylaws, a majority of all votes cast at which a quorum is present determines any question.