§ 9–315
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 9-315 (2026)
Title 9. Savings and Loan Associations
Subtitle 3. Organization and Capitalization
§ 9–315LinkCopy Citation
(a)
The holder of a savings deposit account in a savings and loan association has the same claim priority in any distribution of assets on liquidation as a general creditor of the deposit association to the extent of the deposit account’s withdrawal value.
(b)
In addition to subsection (a) of this section, the holder of a savings deposit account has the same rights as the owner of a savings share account, including any membership or voting rights and the right to share in any distribution of remaining assets on liquidation.