<?xml version='1.0' encoding='utf-8'?>
<section article="gfi" article_name="Financial Institutions" number="9-602" title_number="9" title_name="Savings and Loan Associations" subtitle_number="6" subtitle_name="Conversions; Extraordinary Actions">
  <text>To convert to a capital stock association, a mutual association shall deliver to the Division Director:</text>
  <level label="1">
    <text>A filing fee of $1,000;</text>
  </level>
  <level label="2">
    <text>An application for conversion;</text>
  </level>
  <level label="3">
    <text>A certified copy of the resolution of the board of directors that authorizes the conversion;</text>
  </level>
  <level label="4">
    <text>The proposed amended charter and bylaws amendments;</text>
  </level>
  <level label="5">
    <text>The proposed notice of the meeting to consider conversion, and the time and manner in which notice will be given to members;</text>
  </level>
  <level label="6">
    <text>The proposed proxy statement;</text>
  </level>
  <level label="7">
    <text>The proposed plan of conversion; and</text>
  </level>
  <level label="8">
    <text>A certified audit of the association.</text>
  </level>
</section>
