Section 9-637 - Delivery of minutes and charter amendments; action by Commissioner.

§ 9-637. Delivery of minutes and charter amendments; action by Commissioner.
 

(a)  Delivery by board of directors.- 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)  Action by Commissioner.- 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. 
 

[1986, ch. 591; 1996, ch. 326, § 2.]