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MARYLAND STATUTES AND CODES

Section 9-203 - Name of savings and loan association.

§ 9-203. Name of savings and loan association.
 

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. 
 

[CA §§ 6-201, 6-218; 1980, ch. 856; 1986, ch. 282; 1987, ch. 11, § 1.] 
 

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