Md. Code, Financial Institutions § 9-313

Md. Code, Financial Institutions § 9-313
in effect
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(a) If its charter or bylaws provide, a savings and loan association that is not a deposit association may issue savings share accounts. (b) Notwithstanding any provision in its charter or bylaws before July 1, 1980 on the number of savings share accounts, a savings and loan association that is not a deposit association may accept subscriptions and payment for an unlimited number of savings share accounts without other corporate action.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi&section=9-313&enactments=falseFetched: 10/17/2026

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