Md. Code, Financial Institutions § 9-203
This is the official text of Md. Code, Financial Institutions § 9-203, part of Maryland’s Code, Financial Institutions — regulates banks and lenders.
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§9–203.
Official statutory text
The name of a savings and loan association:
(1) Need not indicate that it is a corporation;
(2) Shall contain one of the following phrases or any combination of the words:
(i) “Savings association”;
(ii) “Building association”;
(iii) “Savings and loan association”; or
(iv) “Building and loan association”;
(3) May not be similar in any material or misleading respect to the name of any other State or federal savings and loan association, except that a savings and loan association in operation before July 1, 1980 may continue to operate under its existing name; and
(4) May not include the words “commercial”, “federal”, “government”, “guaranteed”, “insured”, “Maryland”, “national”, “trust”, “trustee”, or “United States”, except that a savings and loan association in operation before July 1, 1986 may continue to operate under its existing name.
(1) Need not indicate that it is a corporation;
(2) Shall contain one of the following phrases or any combination of the words:
(i) “Savings association”;
(ii) “Building association”;
(iii) “Savings and loan association”; or
(iv) “Building and loan association”;
(3) May not be similar in any material or misleading respect to the name of any other State or federal savings and loan association, except that a savings and loan association in operation before July 1, 1980 may continue to operate under its existing name; and
(4) May not include the words “commercial”, “federal”, “government”, “guaranteed”, “insured”, “Maryland”, “national”, “trust”, “trustee”, or “United States”, except that a savings and loan association in operation before July 1, 1986 may continue to operate under its existing name.
Status: in_force · Read it on the official government site
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