Maryland Statutes

§ 9-425

Maryland § 9-425
JurisdictionMaryland
Article gfiFinancial Institutions
Title9

This text of Maryland § 9-425 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 § 9-425 (2026).

Text

(a)A savings and loan association may:
(1)Act as a depository of funds of:
(i)The federal government and its agencies; and
(ii)This State and any of its political subdivisions;
(2)Pledge collateral to secure deposits; and
(3)Comply with the terms required by the depositor.
(b)Depositors under this section are general creditors under § 9-329 of this title (“Priority of claims”).

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Bluebook (online)
Maryland § 9-425, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gfi/9-425.