{"data":{"id":"us-md/md.-code-financial-institutions-9-602","jurisdiction":"us-md","citation":"Md. Code, Financial Institutions § 9–602","heading":"","body":"To convert to a capital stock association, a mutual association shall deliver to the Division Director:\n(1) A filing fee of $1,000;\n(2) An application for conversion;\n(3) A certified copy of the resolution of the board of directors that authorizes the conversion;\n(4) The proposed amended charter and bylaws amendments;\n(5) The proposed notice of the meeting to consider conversion, and the time and manner in which notice will be given to members;\n(6) The proposed proxy statement;\n(7) The proposed plan of conversion; and\n(8) A certified audit of the association.","path":["Article - Financial Institutions"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi\u0026section=9-602","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:58:27Z","sha256":"bf54a979d9cbd81080a50b04993c7fdf4b53ccb81e4c6fc7abb5da10d1b01301","source_id":"us-md","stale":false,"prev":"us-md/md.-code-financial-institutions-9-601","next":"us-md/md.-code-financial-institutions-9-603"},"notice":"GroundRules: Original legal text. Not legal advice."}