Md. Code, Financial Institutions § 9-314

Md. Code, Financial Institutions § 9-314
in effect
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(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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi&section=9-314&enactments=falseFetched: 10/17/2026

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