Plain Text Law

§ 9–314

Statutes in effect as of October 1, 2026.

Md. Code Ann., Fin. Inst. § 9-314 (2026)
Title 9. Savings and Loan Associations
Subtitle 3. Organization and Capitalization

§ 9–314Copy Citation

(a)
Only a deposit association may issue savings deposit accounts.
(b)
A savings and loan association may become a deposit association if:
(1)
Its charter or bylaws provide; and
(2)
The Division Director approves.