§ 9–632
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 9-632 (2026)
Title 9. Savings and Loan Associations
Subtitle 6. Conversions; Extraordinary Actions
§ 9–632LinkCopy Citation
To convert to a commercial bank, a capital stock savings and loan shall deliver to the Commissioner:
(1)
A filing fee of $1,000;
(2)
An application for conversion;
(3)
A certified copy of the resolution of the board of directors that authorizes the conversion;
(4)
The proposed amended charter and bylaws amendments;
(5)
The proposed notice of the meeting to consider conversion, and the time and manner in which notice will be given to stockholders;
(6)
The proposed proxy statement;
(7)
The proposed plan of conversion; and
(8)
Any additional documents required by the Commissioner.