Maryland Financial Institutions Section 9-203

Article - Financial Institutions

§ 9-203.

      The name of a savings and loan association:

            (1)      Need not indicate that it is a corporation;

            (2)      Shall contain one of the following phrases or any combination of the words:

                  (i)      "Savings association";

                  (ii)      "Building association";

                  (iii)      "Savings and loan association"; or

                  (iv)      "Building and loan association";

            (3)      May not be similar in any material or misleading respect to the name of any other State or federal savings and loan association, except that a savings and loan association in operation before July 1, 1980 may continue to operate under its existing name; and

            (4)      May not include the words "commercial", "federal", "government", "guaranteed", "insured", "Maryland", "national", "trust", "trustee", or "United States", except that a savings and loan association in operation before July 1, 1986 may continue to operate under its existing name.



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