Section 9-620 - Application to convert.
§ 9-620. Application to convert.
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.
[CA § 6-229; 1980, ch. 856; 1986, ch. 282.]