Md. Code, Financial Institutions § 4-402
Md. Code, Financial Institutions § 4-402
in effect(a) The bylaws of a savings bank shall provide for annual meetings of the members to:
(1) Elect directors;
(2) Elect members, unless the charter of the savings bank provides for a different method of electing members; and
(3) Transact other business.
(b) The bylaws of a subsidiary savings bank shall provide for annual meetings of the stockholders to:
(1) Elect directors; and
(2) Transact other business.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi§ion=4-402&enactments=falseFetched: 10/17/2026