Md. Code, Financial Institutions § 9-301
This is the official text of Md. Code, Financial Institutions § 9-301, part of Maryland’s Code, Financial Institutions — regulates banks and lenders.
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§9–301.
Official statutory text
(a) A member of a savings and loan association means a holder, as shown on the association’s records, of:
(1) One or more savings accounts, as to a mutual association; and
(2) One or more shares of capital stock, as to a capital stock association.
(b) (1) Multiple holders of a single account or share of capital stock shall be considered a single member.
(2) Notice to one holder of a multiple name account or share of capital stock is sufficient notice to all holders.
(1) One or more savings accounts, as to a mutual association; and
(2) One or more shares of capital stock, as to a capital stock association.
(b) (1) Multiple holders of a single account or share of capital stock shall be considered a single member.
(2) Notice to one holder of a multiple name account or share of capital stock is sufficient notice to all holders.
Status: in_force · Read it on the official government site
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