§ 9–202
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 9-202 (2026)
Title 9. Savings and Loan Associations
Subtitle 2. Incorporation
§ 9–202LinkCopy Citation
(a)
Subject to the provisions of this subtitle, five or more adult individuals, each of whom is a resident of this State and a citizen of the United States, may act as incorporators to form a savings and loan association under this title.
(b)
The incorporators shall elect a chairman from among themselves.