§ 9–629
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 9-629 (2026)
Title 9. Savings and Loan Associations
Subtitle 6. Conversions; Extraordinary Actions
§ 9–629LinkCopy Citation
A savings and loan association may reorganize, partially liquidate, or dissolve if:
(1)
It complies with Title 3 of the Corporations and Associations Article; and
(2)
The Division Director approves the plan of reorganization, partial liquidation, or dissolution.