Md. Code, Financial Institutions § 9-202

Md. Code, Financial Institutions § 9-202
in effect
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(a) Subject to the provisions of this subtitle, five or more adult individuals, each of whom is a resident of this State and a citizen of the United States, may act as incorporators to form a savings and loan association under this title. (b) The incorporators shall elect a chairman from among themselves.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi&section=9-202&enactments=falseFetched: 10/17/2026

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