§ 9-632. Procedure for conversion

MD Fin Inst Code § 9-632 (2019) (N/A)
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To convert to a commercial bank, a capital stock savings and loan shall deliver to the Commissioner:

(1)    A filing fee of $1,000;

(2)    An application for conversion;

(3)    A certified copy of the resolution of the board of directors that authorizes the conversion;

(4)    The proposed amended charter and bylaws amendments;

(5)    The proposed notice of the meeting to consider conversion, and the time and manner in which notice will be given to stockholders;

(6)    The proposed proxy statement;

(7)    The proposed plan of conversion; and

(8)    Any additional documents required by the Commissioner.