Maryland Statutes

§ 9-218

Maryland § 9-218
JurisdictionMaryland
Article gfiFinancial Institutions
Title9

This text of Maryland § 9-218 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Md. Code Ann., Financial Institutions § 9-218 (2026).

Text

The incorporators of a savings and loan association shall deliver to their chairman, as savings accounts in the association, an aggregate amount in subscriptions of at least $1,000,000 or any greater amount that the Division Director determines is necessary to conduct a safe and sound operation at the proposed location of the principal office of the association in this State. The aggregate amount constitutes the initial subscription for savings accounts.

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Bluebook (online)
Maryland § 9-218, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gfi/9-218.