Section 9-608 - Approval by Division Director. - Maryland Statutes

§ 9-608. Approval by Division Director.
 

(a)  Filing.- The board of directors of the converting association shall deliver to the Division Director: 

(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)  Approval order.- On receipt of the minutes and charter amendments under subsection (a) of this section, the Division Director 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 capital stock association. 
 

[CA § 6-217; 1980, ch. 856; 1986, ch. 282.]