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2021 Maryland Statutes
Financial Institutions
Title 9 - Savings and Loan Associations
Subtitle 2 - Incorporation
Part I - In General
Section 9-203 - Name of Savings and Loan Association

Universal Citation:
MD Financial Institutions Code Ann. § 9-203 (2021)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

    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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