Md. Code, Financial Institutions § 9-428
This is the official text of Md. Code, Financial Institutions § 9-428, part of Maryland’s Code, Financial Institutions — regulates banks and lenders.
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§9–428.
Official statutory text
With the written approval of the Division Director, a savings and loan association may operate a business, manage or deal in property, or take any other action over any period of time as determined by the Division Director that may be reasonably necessary to avoid loss on a loan or investment made or obligation created in good faith.
Status: in_force · Read it on the official government site
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