State Codes and Statutes

§ 4-402. Annual meeting of members and stockholders.

(a) Bylaws of savings bank.- 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) Bylaws of subsidiary savings bank.- The bylaws of a subsidiary savings bank shall provide for annual meetings of the stockholders to:

(1) Elect directors; and

(2) Transact other business.

[CA § 6-109; 1980, ch. 33, § 2; ch. 807, § 1; 1986, ch. 355.]

§ 4-402. Annual meeting of members and stockholders.

(a) Bylaws of savings bank.- 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) Bylaws of subsidiary savings bank.- The bylaws of a subsidiary savings bank shall provide for annual meetings of the stockholders to:

(1) Elect directors; and

(2) Transact other business.

[CA § 6-109; 1980, ch. 33, § 2; ch. 807, § 1; 1986, ch. 355.]

§ 4-402. Annual meeting of members and stockholders.

(a) Bylaws of savings bank.- 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) Bylaws of subsidiary savings bank.- The bylaws of a subsidiary savings bank shall provide for annual meetings of the stockholders to:

(1) Elect directors; and

(2) Transact other business.

[CA § 6-109; 1980, ch. 33, § 2; ch. 807, § 1; 1986, ch. 355.]

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