To convert to a Maryland savings and loan association, the board of directors of a federal association shall deliver to the Division Director:
(1) A written application in the form that the Division Director requires;
(2) The executed copy of the proposed articles of incorporation and a conformed copy;
(3) The proposed bylaws;
(4) Any additional exhibits the Division Director requires; and
(5) A filing fee of $1,000.
Structure Maryland Statutes
Title 9 - Savings and Loan Associations
Subtitle 6 - Conversions; Extraordinary Actions
Part III - Federally Chartered Conversion to State-Chartered
Section 9-618 - Authority to Convert
Section 9-619 - Member Approval
Section 9-620 - Application to Convert
Section 9-621 - Notice of Filing and Hearing
Section 9-622 - Findings Required for Approval