673.650 - Conversion authorized; votes necessary.

673.650  Conversion authorized; votes necessary.  Any federal savings and loan association may convert itself into a savings and loan association under the laws of this State upon a vote of 51 percent or more of the votes of members of the federal savings and loan association cast at any regular or special meeting called to consider the action.

      [Part 1:140:1939; 1931 NCL § 974.30]—(NRS A 1977, 504)