Md. Code, Financial Institutions § 9-221

Md. Code, Financial Institutions § 9-221
in effect
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The incorporators of a capital stock association shall have subscriptions for capital stock in an aggregate of not less than $1,000,000, or any greater amount that the Division Director requires in order to conduct a safe and sound operation.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi&section=9-221&enactments=falseFetched: 10/17/2026

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