Maryland Statutes
Part I - Mutual Association Conversion to Capital Stock Association
Section 9-602 - Application to Convert

To convert to a capital stock association, a mutual association shall deliver to the Division Director:
        (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 members;
        (6)    The proposed proxy statement;
        (7)    The proposed plan of conversion; and
        (8)    A certified audit of the association.

Structure Maryland Statutes