Title 7, Chapter 1, Section 781
Any building and loan association or other financial institution
existing under the laws of this state doing a home financing
business may convert itself into a savings and loan association in
accordance with Section 5 of the Home Owners' Loan Act of 1933, 12
U.S.C. Section 1464, upon a vote of 51 percent or more of the votes
of the members cast at an annual meeting or at any special meeting
called to consider such action.