Maryland Statutes
§ 9-704
Maryland § 9-704
This text of Maryland § 9-704 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 § 9-704 (2026).
Text
(a)A savings and loan association shall pay the expenses of operation during its conservatorship.
(b)Except as provided in subsection (c) of this section, a savings and loan association shall pay its conservator the compensation that the court determines.
(c)The Division Director or an examiner from the Division of Savings and Loan Associations may not receive additional compensation as conservator of a savings and loan association.
(d)Unless authorized by the court, the conservator of a savings and loan association may not:
(1)Retain special counsel;
(2)Incur other than normal operating expenses; or
(3)Liquidate any assets except in the normal course of operation.
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Bluebook (online)
Maryland § 9-704, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gfi/9-704.