Plain Text Law

§ 9–428

Statutes in effect as of October 1, 2026.

Md. Code Ann., Fin. Inst. § 9-428 (2026)
Title 9. Savings and Loan Associations
Subtitle 4. General Powers and Provisions

§ 9–428Copy Citation

With the written approval of the Division Director, a savings and loan association may operate a business, manage or deal in property, or take any other action over any period of time as determined by the Division Director that may be reasonably necessary to avoid loss on a loan or investment made or obligation created in good faith.