COMMUNITY FINANCIAL CORP /MD/ : Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits (form 8-K)

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal

          Year

On September 21, 2021, the Board of Directors of The Community Financial Corporation (the "Company") approved and adopted the Amended and Restated Bylaws of the Company (the "Bylaws") to amend (i) Article III, Section 1 and Article V, Section 1 to specifically identify the chief executive officer as a separate officer position; (ii) Article III, Section 1 to specifically identify the chief executive officer as one of the three officers who may preside at meetings of the Board; (iii) Article V, Section 1 to eliminate the requirement that the chairman be the chief executive officer unless the board of directors designates another person as the chief executive officer, to specifically identify the position of vice chairman as an office to which the Board may designate officers, and to provide that any number of offices may be held by the same person; and (iv) Article V, Section 5 to provide that the Board shall, from time to time, fix the remuneration of the officers identified in Article V, Section 1 of the Amended and Restated Bylaws.

The foregoing description of the Amended and Restated Bylaws is only a summary, does not purport to be complete and is qualified in its entirety by reference to the full text of the Amended and Restated Bylaws, which is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(a)-(c)   Not applicable

(d)       Exhibits




  Number Description




   3.1     Amended and Restated Bylaws of The Community Financial Corporation

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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