§4–402.

    (a)    The bylaws of a savings bank shall provide for annual meetings of the members to:

        (1)    Elect directors;

        (2)    Elect members, unless the charter of the savings bank provides for a different method of electing members; and

        (3)    Transact other business.

    (b)    The bylaws of a subsidiary savings bank shall provide for annual meetings of the stockholders to:

        (1)    Elect directors; and

        (2)    Transact other business.