Md. Code, Financial Institutions § 7-108

Md. Code, Financial Institutions § 7-108
in effect
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(a) In the election of directors and in voting on any other matter at a meeting of the members of the Corporation, each member has one vote, to be cast by its delegate. (b) A delegate may not vote on behalf of more than one member. (c) A majority of the votes cast is sufficient to elect directors or decide any questions voted on by the members.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi&section=7-108&enactments=falseFetched: 10/17/2026

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