§ 9-1101
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/md/financial-institutions/9-1101A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§9–1101.
In this subtitle, “mutual association” means an association that:
(1)Is a corporation chartered under the laws of the State as a savings and loan association that does not have the authority to issue capital stock;
(2)Is insured by the State of Maryland Deposit Insurance Corporation; and
(3)Has assets of $15,000,000 or less or had total assets of less than $15,000,000 as of May 18, 1985.