Md. Code, Fin. Inst. § 7-108

Current with changes from the 2024 Legislative Session
Section 7-108 - Membership - Voting by members
(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.

Md. Code, FI § 7-108