Maryland § 6-317
Full text of Maryland Maryland Code § 6-317, with citation guidance and answers to common questions.
§ 6-317.
(a) (1) The annual meeting of the members shall be held as provided by the bylaws and at the time and place that the board determines.
(2) Special meetings of members shall be held:
(i) On order of the directors or the supervisory committee; or
(ii) At the request of 10 percent of the members.
(3) Notice of each meeting shall be given as the bylaws provide.
(b) (1) Each member in good standing has one vote, notwithstanding the number of shares that the member holds.
(2) A member may not vote by proxy. However, a member that is not an individual may be represented by an individual authorized in writing by the member to represent it.
(3) A member may not vote or hold office if the member is less than 18 years of age.
(c) (1) At any meeting of the members, the members may:
(i) Decide any question of interest to the credit union;
(ii) Except for any instance where, in the judgment of the board, it would result in damage to the credit union’s financial soundness or would otherwise force the board to abrogate their fiduciary responsibility, overrule any decision of the board; and
(iii) Amend the bylaws or articles of incorporation as provided in § 6-320 of this subtitle.
(2) At the annual meeting of the members, the members shall elect directors, unless they are elected as provided in § 6-329 of this subtitle or as provided in the bylaws for mail balloting.
Frequently Asked Questions About Maryland § 6-317
What does Maryland Code § 6-317 cover?
Section 6-317 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 6-317?
A common citation format is "Maryland Code § 6-317" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 6-317 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.