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Section 9-607 - Member Approval — 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 6 - Conversions; Extraordinary Actions/
  7. Part I - Mutual Association Conversion to Capital Stock Association/
  8. Section 9-607 - Member Approval
Maryland Legal Code

Section 9-607 - Member Approval

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A proposed plan of conversion to a capital stock association and proposed charter amendments to conform to the conversion require approval by a majority vote of the total number of votes eligible to be cast by the members of a mutual association.