§ 9–601
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 9-601 (2026)
Title 9. Savings and Loan Associations
Subtitle 6. Conversions; Extraordinary Actions
§ 9–601LinkCopy Citation
A mutual association may convert to a capital stock association if:
(1)
Its members approve;
(2)
Its charter is amended; and
(3)
The Division Director approves.