Md. Code Ann., Fin. Inst. § 4-402
Annual meetings of members and stockholders
Effective Jul 1, 1986Added by Acts 1980, c. 33, § 2, eff. July 1, 1980. Amended by Acts 1980, c. 807, § 1; Acts 1986, c. 355, § 1, eff. July 1, 1986.State of Maryland
(a) The bylaws of a savings bank shall provide for annual meetings of the members to:
- (1) Elect directors;
- (2) Elect members, unless the charter of the savings bank provides for a different method of electing members; and
- (3) Transact other business.
(b) The bylaws of a subsidiary savings bank shall provide for annual meetings of the stockholders to:
- (1) Elect directors; and
- (2) Transact other business.
Added by Acts 1980, c. 33, § 2, eff. July 1, 1980. Amended by Acts 1980, c. 807, § 1; Acts 1986, c. 355, § 1, eff. July 1, 1986.