Procedure for conversion

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    To convert to a commercial bank, a capital stock savings and loan shall deliver to the Commissioner:

        (1)    A filing fee of $1,000;

        (2)    An application for conversion;

        (3)    A certified copy of the resolution of the board of directors that authorizes the conversion;

        (4)    The proposed amended charter and bylaws amendments;

        (5)    The proposed notice of the meeting to consider conversion, and the time and manner in which notice will be given to stockholders;

        (6)    The proposed proxy statement;

        (7)    The proposed plan of conversion; and

        (8)    Any additional documents required by the Commissioner.


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