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Statutes Text

Article - Financial Institutions




§9–620.

    To convert to a Maryland savings and loan association, the board of directors of a federal association shall deliver to the Division Director:

        (1)    A written application in the form that the Division Director requires;

        (2)    The executed copy of the proposed articles of incorporation and a conformed copy;

        (3)    The proposed bylaws;

        (4)    Any additional exhibits the Division Director requires; and

        (5)    A filing fee of $1,000.



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