Md. Code, Fin. Inst. § 9-313

Current with changes from the 2024 Legislative Session
Section 9-313 - Savings share accounts
(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.

Md. Code, FI § 9-313