Md. Code, Financial Institutions § 9-222

Md. Code, Financial Institutions § 9-222
in effect
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A capital stock association may use paid-in surplus if the expense fund is not sufficient to pay organizational and operating expenses, and dividends or interest on savings accounts.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi&section=9-222&enactments=falseFetched: 10/17/2026

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