Capital Stock Savings and Loan Association Conversion to a Commercial Bank

  1. Law
  2. Maryland Code
  3. Financial Institutions
  4. Savings and Loan Associations
  5. Conversions; Extraordinary Actions
  6. Capital Stock Savings and Loan Association Conversion to a Commercial Bank

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Section
9-631

When conversion permitted

Section
9-632

Procedure for conversion

Section
9-633

Duty of Commissioner

Section
9-634

Issuance of letter of preliminary approval

Section
9-635

Meeting for consideration of plan of conversion

Section
9-636

Stockholder approval

Section
9-637

Delivery of minutes and charter amendments; action by Commissioner

Section
9-638

Appeals

Section
9-639

Filing endorsed charter amendments; acceptance of charter amendments

Section
9-640

Powers of converted capital stock savings and loan association; assets; conducting insurance activity