§ 9–301
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 9-301 (2026)
Title 9. Savings and Loan Associations
Subtitle 3. Organization and Capitalization
§ 9–301LinkCopy Citation
(a)
A member of a savings and loan association means a holder, as shown on the association’s records, of:
(1)
One or more savings accounts, as to a mutual association; and
(2)
One or more shares of capital stock, as to a capital stock association.
(b)
(1)
Multiple holders of a single account or share of capital stock shall be considered a single member.
(2)
Notice to one holder of a multiple name account or share of capital stock is sufficient notice to all holders.