# Financial Institutions (GFI)

## Title 9. Savings and Loan Associations

### Subtitle 2. Incorporation

#### Section 9-222

A capital stock association may use paid-in surplus if the expense fund is not sufficient to pay organizational and operating expenses, and dividends or interest on savings accounts.

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Md. Code Ann., Fin. Inst. (as displayed at mgaleg.maryland.gov, October 16, 2026)