§ 9-803
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/md/financial-institutions/9-803A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§9–803.
(a)Subject to § 9-309 of this title and the approval of the Division Director, a foreign association or any savings and loan association that maintains its principal office outside this State may relocate an existing office in this State if:
(1)The office was open on or before March 1, 1955; and
(2)The relocation is within:
(i)The same county; and
(ii)A one-mile radius of the office to be relocated.
(b)Any aggrieved foreign association or savings and loan association that applies to relocate its office under subsection
(a)of this section may appeal a final order of the Division Director to the Circuit Court for Baltimore City.