2013 Maryland Code
FINANCIAL INSTITUTIONS
§ 9-202 - Formation in general


MD Fin Inst Code § 9-202 (2013) What's This?

§9-202.

(a) Subject to the provisions of this subtitle, five or more adult individuals, each of whom is a resident of this State and a citizen of the United States, may act as incorporators to form a savings and loan association under this title.

(b) The incorporators shall elect a chairman from among themselves.

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