Section 6-332 - Suspension of directors, officers, and credit committee members. - Maryland Statutes

§ 6-332. Suspension of directors, officers, and credit committee members.
 

(a)  Special meeting.- A board may call a special meeting of the members to act on a report or recommendation of the supervisory committee that concerns the suspension from office of a member of the credit committee, a director, or an officer. 

(b)  Notice of meeting.- The notice of the special meeting shall be given within 7 days after the board receives the report or recommendation. 
 

[CA § 6-322; 1980, ch. 33, § 2; 1996, ch. 326, § 2; 2001, ch. 147, § 1; ch. 148, § 1.]