Mutual Association Conversion to Capital Stock Association

  1. Law
  2. Maryland Code
  3. Financial Institutions
  4. Savings and Loan Associations
  5. Conversions; Extraordinary Actions
  6. Mutual Association Conversion to Capital Stock Association

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Section
9-601

Authority to convert

Section
9-602

Application to convert

Section
9-603

Proposed plan of conversion

Section
9-604

Review by Division Director

Section
9-605

Preliminary approval

Section
9-606

Meeting of members

Section
9-607

Member approval

Section
9-608

Approval by Division Director

Section
9-609

Appeal

Section
9-610

Effective date of conversion

Section
9-611

Modified conversions of savings and loan associations to capital stock associations

Section
9-612

Voluntary conversions of savings and loan associations to capital stock associations