There is a newer version of the Maryland Code
Maryland Financial Institutions Section 9-305
§ 9-305.
  At any meeting of the members of a savings and loan association:
    (1)   Except as provided in the charter or bylaws, any number of members present in person or by proxy is a quorum; and
    (2)   Unless otherwise specifically provided by law, the charter, or the bylaws, a majority of all votes cast at which a quorum is present determines any question.
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