Maryland § 9-622

Full text of Maryland Maryland Code § 9-622, with citation guidance and answers to common questions.

§ 9-622.

    The Division Director shall approve an application if the Division Director finds:

        (1)    The converting federal association has met the requirements of Subtitle 2 of this title that relate to the formation of a savings and loan association;

        (2)    The character, responsibility, and general fitness of the officers and directors of the converting federal association command confidence and warrant belief that the business of the converting association will be conducted honestly and efficiently in accordance with the intent of this title; and

        (3)    Allowing the federal association to convert to a Maryland savings and loan association will promote the public interest.

Frequently Asked Questions About Maryland § 9-622

What does Maryland Code § 9-622 cover?

Section 9-622 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 § 9-622?

A common citation format is "Maryland Code § 9-622" (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 § 9-622 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.