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2013 Maryland Code
FINANCIAL INSTITUTIONS
§ 9-305 - Quorum; majority rule


MD Fin Inst Code § 9-305 (2013) What's This?

§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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