# Financial Institutions (GFI)

## Title 9. Savings and Loan Associations

### Subtitle 6. Conversions; Extraordinary Actions

#### Section 9-620

To convert to a Maryland savings and loan association, the board of directors of a federal association shall deliver to the Division Director:

(1) A written application in the form that the Division Director requires;

(2) The executed copy of the proposed articles of incorporation and a conformed copy;

(3) The proposed bylaws;

(4) Any additional exhibits the Division Director requires; and

(5) A filing fee of $1,000.

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