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Section 9-606 - Meeting of Members — Maryland Law | CourtGPT
  1. Home/
  2. Laws/
  3. Maryland/
  4. Financial Institutions - Title 1 - Definitions; General Provisions/
  5. Title 9 - Savings and Loan Associations/
  6. Subtitle 6 - Conversions; Extraordinary Actions/
  7. Part I - Mutual Association Conversion to Capital Stock Association/
  8. Section 9-606 - Meeting of Members
Maryland Legal Code

Section 9-606 - Meeting of Members

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(a) On receipt of the Division Director’s letter of preliminary approval, the board of directors of the converting association shall call a meeting of the members for the purpose of considering the plan of conversion to a capital stock association. (b) At least 10 days, but not more than 90 days, before the meeting, the converting association shall mail notice of the meeting to all members entitled to vote.