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Section 4-508 - Vacancies — Maryland Law | CourtGPT
  1. Home/
  2. Laws/
  3. Maryland/
  4. Financial Institutions - Title 1 - Definitions; General Provisions/
  5. Title 4 - Banking Institutions -- Savings Banks/
  6. Subtitle 5 - Directors/
  7. Section 4-508 - Vacancies
Maryland Legal Code

Section 4-508 - Vacancies

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The board of directors of a savings bank may fill any vacancy on the board by electing an individual to serve until the next annual meeting of the members or the stockholders of a subsidiary bank and until a successor is elected and qualifies.