Md. Code, Financial Institutions § 9-314
This is the official text of Md. Code, Financial Institutions § 9-314, part of Maryland’s Code, Financial Institutions — regulates banks and lenders.
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§9–314.
Official statutory text
(a) Only a deposit association may issue savings deposit accounts.
(b) A savings and loan association may become a deposit association if:
(1) Its charter or bylaws provide; and
(2) The Division Director approves.
(b) A savings and loan association may become a deposit association if:
(1) Its charter or bylaws provide; and
(2) The Division Director approves.
Status: in_force · Read it on the official government site
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