§ 383-b-8-804

383-B:8-804 Conversion of a Mutual Bank or Mutual Bank Into a Credit Union. – A mutual savings bank or mutual bank may convert to a credit union if the corporators of a mutual savings bank or the association members of a savings association approve the conversion by majority vote, or by a higher percentage if required by its organizational documents. Source. 2015, 272:16, eff. Oct. 1, 2015.