There is a newer version of the Maryland Code
2013 Maryland Code
FINANCIAL INSTITUTIONS
§ 4-703 - Conversion of savings bank to capital stock commercial bank.
MD Fin Inst Code § 4-703 (2013) What's This?
§4-703.
(a) A savings bank may convert to a capital stock commercial bank with the approval of its members and the Commissioner.
(b) The Commissioner shall adopt regulations to govern the conversion of savings banks to capital stock commercial banks.
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