Maryland Statutes
Part V - Capital Stock Savings and Loan Association Conversion to a Commercial Bank
Section 9-632 - Procedure for Conversion

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.

Structure Maryland Statutes