§ 9-203

Maryland § 9-203

• Jurisdiction: Maryland
• Article gfi: Financial Institutions
• Title: 9

Text

The name of a savings and loan association:

(1) Need not indicate that it is a corporation;

(2) Shall contain one of the following phrases or any combination of the words:

(i) “Savings association”;

(ii) “Building association”;

(iii) “Savings and loan association”; or

(iv) “Building and loan association”;

(3) May not be similar in any material or misleading respect to the name of any other State or federal savings and loan association, except that a savings and loan association in operation before July 1, 1980 may continue to operate under its existing name; and

(4) May not include the words “commercial”, “federal”, “government”, “guaranteed”, “insured”, “Maryland”, “national”, “trust”, “trustee”, or “United States”, except that a savings and loan association in operation before July 1, 1986 may continue to operate under its existing name.