§ 9-301
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/md/financial-institutions/9-301A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§9–301.
(a)A member of a savings and loan association means a holder, as shown on the association’s records, of:
(1)One or more savings accounts, as to a mutual association; and
(2)One or more shares of capital stock, as to a capital stock association.
(1)Multiple holders of a single account or share of capital stock shall be considered a single member.
(2)Notice to one holder of a multiple name account or share of capital stock is sufficient notice to all holders.