Maryland House Bill 1049: Credit Unions - Mergers and Consolidations - Alteration of Voting Requirement

Maryland · 2026 Regular Session

What it does

Authorizing a majority of the board of a surviving credit union to approve a proposed merger without the affirmative vote of a majority of the members of the surviving credit union, subject to certain requirements.

Latest action

Approved by the Governor - Chapter 506 (2026-05-12)

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