§ 9–313
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 9-313 (2026)
Title 9. Savings and Loan Associations
Subtitle 3. Organization and Capitalization
§ 9–313LinkCopy Citation
(a)
If its charter or bylaws provide, a savings and loan association that is not a deposit association may issue savings share accounts.
(b)
Notwithstanding any provision in its charter or bylaws before July 1, 1980 on the number of savings share accounts, a savings and loan association that is not a deposit association may accept subscriptions and payment for an unlimited number of savings share accounts without other corporate action.