Md. Code Ann., Fin. Inst. § 9-608
Approval of plan by Division Director
Effective Jun 1, 1986Added by Acts 1980, c. 856, § 2, eff. July 1, 1980. Amended by Acts 1986, c. 282, § 1, eff. June 1, 1986.State of Maryland
(a) The board of directors of the converting association shall deliver to the Division Director:
- (1) A certified copy of the minutes of the meeting at which the conversion was approved; and
- (2) The executed charter amendments and a conformed copy.
(b) On receipt of the minutes and charter amendments under subsection (a) of this section, the Division Director shall:
- (1) Endorse the executed copy of the charter amendments as approved; and
(2) Send to the converting association:
- (i) The endorsed copy; and
- (ii) A final order of approval of the conversion to a capital stock association.
Added by Acts 1980, c. 856, § 2, eff. July 1, 1980. Amended by Acts 1986, c. 282, § 1, eff. June 1, 1986.