Maryland Financial Institutions Section 9-620

Article - Financial Institutions

§ 9-620.

      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.



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