§ 9-637

Maryland § 9-637

• Jurisdiction: Maryland
• Article gfi: Financial Institutions
• Title: 9

Text

(a) The board of directors of the converting association shall deliver to the Commissioner:

(1) A certified copy of the minutes of the meeting at which the conversion was approved; and

(2) The executed charter amendments and a conformed copy.

(b) On receipt of the minutes and charter amendments under subsection (a) of this section, the Commissioner shall:

(1) Endorse the executed copy of the charter amendments as approved; and

(2) Send to the converting association:

(i) The endorsed copy; and

(ii) A final order of approval of the conversion to a commercial bank.