{"data":{"id":"us-md/md.-code-financial-institutions-9-618","jurisdiction":"us-md","citation":"Md. Code, Financial Institutions § 9–618","heading":"","body":"A federal association may convert to a Maryland savings and loan association if:\n(1) Its principal office is in this State;\n(2) Its members approve;\n(3) The Division Director approves; and\n(4) Immediately upon filing its articles of incorporation with the State Department of Assessments and Taxation, the association will convert to a commercial bank under the provisions of §§ 9-631 through 9-639 of this subtitle or convert to a federally chartered savings and loan association under §§ 9-613 through 9-615 of this subtitle.","path":["Article - Financial Institutions"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi\u0026section=9-618","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:58:27Z","sha256":"9fdc616a1f041b1be831f99a473aa2e562d83f3d4f69f51f8e725a94a44cfcfc","source_id":"us-md","stale":false,"prev":"us-md/md.-code-financial-institutions-9-615","next":"us-md/md.-code-financial-institutions-9-619"},"notice":"GroundRules: Original legal text. Not legal advice."}