Md. Code, Fin. Inst. § 9-620

Current with changes from the 2024 Legislative Session

Section 9-620 - Application to convert

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.

Md. Code, FI § 9-620