Section 9-634 - Issuance of letter of preliminary approval.
§ 9-634. Issuance of letter of preliminary approval.
Within 60 days of the filing of an application, if the Commissioner finds that the stock association has met the requirements of § 9-633 of this subtitle, the Commissioner shall issue to the converting association a letter of preliminary approval of the conversion.
[1986, ch. 591; 1996, ch. 326, § 2.]