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2013 Maryland Code
FINANCIAL INSTITUTIONS
§ 4-402 - Annual meeting of members and stockholders


MD Fin Inst Code § 4-402 (2013) What's This?

§4-402.

(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.

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