Maryland Financial Institutions Section 9-206

Article - Financial Institutions

§ 9-206.

      (a)      (1)      On receipt of the items listed in § 9-205 of this subtitle, the Division Director shall publish a notice of the filing.

            (2)      The notice shall state that:

                  (i)      A public hearing may be held on a date that is at least 30 days and not more than 60 days after the filing;

                  (ii)      Written protests to the application shall be received no later than 10 days before the scheduled hearing; and

                  (iii)      If the Division Director does not receive any written protest within the time provided in the notice, the hearing may be canceled.

      (b)      The notice shall be published:

            (1)      For at least 2 successive weeks in a newspaper of general circulation in the political subdivision where the principal office of the proposed savings and loan association in this State is to be located; and

            (2)      In the Maryland Register as provided in the State Documents Law.

      (c)      The Division Director may prohibit testimony by any person who did not file a protest that complies with subsection (a)(2)(ii) of this section.



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