Md. Code, Financial Institutions § 9-206
This is the official text of Md. Code, Financial Institutions § 9-206, part of Maryland’s Code, Financial Institutions — regulates banks and lenders.
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§9–206.
Official statutory text
(a) (1) On receipt of the items listed in § 9-205 of this subtitle, the Division Director shall publish a notice of the filing.
(2) The notice shall state that:
(i) A public hearing may be held on a date that is at least 30 days and not more than 60 days after the filing;
(ii) Written protests to the application shall be received no later than 10 days before the scheduled hearing; and
(iii) If the Division Director does not receive any written protest within the time provided in the notice, the hearing may be canceled.
(b) The notice shall be published:
(1) For at least 2 successive weeks in a newspaper of general circulation in the political subdivision where the principal office of the proposed savings and loan association in this State is to be located; and
(2) In the Maryland Register as provided in the State Documents Law.
(c) The Division Director may prohibit testimony by any person who did not file a protest that complies with subsection (a)(2)(ii) of this section.
(2) The notice shall state that:
(i) A public hearing may be held on a date that is at least 30 days and not more than 60 days after the filing;
(ii) Written protests to the application shall be received no later than 10 days before the scheduled hearing; and
(iii) If the Division Director does not receive any written protest within the time provided in the notice, the hearing may be canceled.
(b) The notice shall be published:
(1) For at least 2 successive weeks in a newspaper of general circulation in the political subdivision where the principal office of the proposed savings and loan association in this State is to be located; and
(2) In the Maryland Register as provided in the State Documents Law.
(c) The Division Director may prohibit testimony by any person who did not file a protest that complies with subsection (a)(2)(ii) of this section.
Status: in_force · Read it on the official government site
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