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Section 9-305 - Quorum; Majority Rule — Maryland Law | CourtGPT
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  2. Laws/
  3. Maryland/
  4. Financial Institutions - Title 1 - Definitions; General Provisions/
  5. Title 9 - Savings and Loan Associations/
  6. Subtitle 3 - Organization and Capitalization/
  7. Part I - Organization/
  8. Section 9-305 - Quorum; Majority Rule
Maryland Legal Code

Section 9-305 - Quorum; Majority Rule

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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.