§ 9-428
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/md/financial-institutions/9-428A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§9–428.
With the written approval of the Division Director, a savings and loan association may operate a business, manage or deal in property, or take any other action over any period of time as determined by the Division Director that may be reasonably necessary to avoid loss on a loan or investment made or obligation created in good faith.