(a) The board of directors of the converting association shall deliver to the Division Director: (1) A certified copy of the minutes of the meeting at which the conversion was approved; and (2) The executed charter amendments and a conformed copy. (b) On receipt of the minutes and charter amendments under subsection (a) of this section, the Division Director shall: (1) Endorse the executed copy of the charter amendments as approved; and (2) Send to the converting association: (i) The endorsed copy; and (ii) A final order of approval of the conversion to a capital stock association.
‹ Prev All Maryland sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.