There is a newer version of the Maryland Code
Maryland Financial Institutions Section 9-613
§ 9-613.
  A Maryland savings and loan association may convert to a federal association if:
    (1)   It is eligible to become a member of the federal home loan bank system;
    (2)   Its members approve;
    (3)   Within 6 months after member approval, the association acts to convert in the manner required by federal law; and
    (4)   It receives a federal charter.
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