With the prior written approval of the Secretary, the Division Director may institute proceedings in the circuit court in the county where the principal office of a savings and loan association is located for the appointment of a conservator if: The savings and loan association or related entity fails to comply with a final order of the Division Director; or The Division Director considers that the appointment of a conservator is in the public interest. Subject to § 9-709 of this subtitle, a court may appoint the Division Director, deputy division director, or an examiner from the Division of Savings and Loan Associations as conservator if the court finds that a savings and loan association or related entity is: In an impaired or insolvent condition; In substantial violation of any law or regulation; Concealing any of its assets or records or refusing to submit its records or affairs for inspection to an examiner or lawful agent or the Division Director; Conducting an unsafe or unsound operation; In violation of any final order; In need of the appointment of a conservator in order to preserve the assets of the savings and loan association for the benefit of the depositors and creditors; or Eligible for conservatorship under the provisions of Title 10 of this article.