Maryland § 10-101
Full text of Maryland Maryland Code § 10-101, with citation guidance and answers to common questions.
§ 10-101.
(a) In this title the following words have the meanings indicated.
(b) “Association” means a corporation or mutual association that is chartered under the laws of this State as a savings and loan association.
(c) “Board” means the Board of Directors of the State of Maryland Deposit Insurance Fund Corporation.
(d) “Division Director” means the Director of the Division of Savings and Loan Associations.
(e) “Federal insurance” means insurance provided by the Federal Savings and Loan Insurance Corporation.
(f) “Fund” means the State of Maryland Deposit Insurance Fund Corporation.
(g) “Fund Director” means the Director of the State of Maryland Deposit Insurance Fund Corporation.
(h) “Insured institution” means:
(1) A national banking association, a federal savings bank, or a banking institution incorporated as a State bank, trust company, savings bank, or other similar institution, whether under the laws of this or any other state, the deposits of which are insured by the Federal Deposit Insurance Corporation; or
(2) A federal savings and loan association, a federal savings bank, a savings and loan association, a building and loan association, or a similar institution incorporated under the laws of this or any other state, the deposits of which are insured by the Federal Savings and Loan Insurance Corporation.
(i) “Major association” means an association with total assets of $40,000,000 or more.
(j) “Member association” means an association that is a member of the State of Maryland Deposit Insurance Fund Corporation.
(k) “Savings account” means a savings share account, a savings deposit account, or any other deposit in an association.
Frequently Asked Questions About Maryland § 10-101
What does Maryland Code § 10-101 cover?
Section 10-101 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 10-101?
A common citation format is "Maryland Code § 10-101" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 10-101 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.