Maryland Code, Financial Institutions § 6-318

(1) An action authorized under § 6-329 or § 6-321 of this subtitle;

(2) A voluntary dissolution under § 6-804 of this title; or

(3) An authorization of compensation under § 6-331 of this subtitle.

(1) May authorize by resolution any question, proposal, or other matter requiring membership approval to be voted on by mail ballot; and

(2) Shall establish a sequence of dates by which the voting procedures are initiated and completed.

(1) A printed ballot;

(2) An explanation of the question, proposal, or other matter to be voted on; and

(3) A postage pre-paid and pre-addressed return envelope.

(e)(1) The question, proposal, or other matter is adopted only if approved by a majority of the ballots timely received from the members eligible to vote and in good standing and voting.

(2) The credit union shall report the results of the mail ballot to the members.