There is a newer version of the Maryland Code
Maryland Financial Institutions Section 9-407
§ 9-407.
  (a)   As to any savings account that has a withdrawal value of less than $25, a savings and loan association:
    (1)   Need not pay a dividend or interest on the account; and
    (2)   May not charge a penalty or service charge.
  (b)   This section does not apply to a negotiable or transferable order of withdrawal account.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.