3034

LAWS OF MARYLAND

Ch. 856

(III) IF THE BOARD DOES NOT RECEIVE ANY
WRITTEN PROTEST WITHIN THE TIME PROVIDED IN THE NOTICE, THE
HEARING MAY BE CANCELED.

(B)  PUBLICATION.

THE NOTICE SHALL BE PUBLISHED:

(1)  FOR AT LEAST 2 SUCCESSIVE WEEKS IN A
NEWSPAPER OF GENERAL CIRCULATION IN THE POLITICAL
SUBDIVISION WHERE THE PRINCIPAL OFFICE OF THE PROPOSED
SAVINGS AND LOAN ASSOCIATION IN THIS STATE IS TO BE LOCATED;
AND

(2)  IN THE MARYLAND REGISTER AS PROVIDED IN THE
STATE DOCUMENTS LAW.

(C)  TESTIMONY AT HEARING.

THE BOARD OF COMMISSIONERS MAY PROHIBIT TESTIMONY BY
ANY PERSON WHO DID NOT FILE A PROTEST THAT COMPLIES WITH
SUBSECTION (A)(2)(II) OF THIS SECTION.

COMMITTEE COMMENT: This section replaces former CA §
6-208(b) and the first sentence of (c).

Subsection (a)(2)(i) of this section, is a new
provision added to expressly require that the
notice include the hearing date. This is implied
from the present references to a public hearing
and, in addition, reflects the practice of the
Board. A substantive change is made in extending
for 30 additional days the time for holding a
hearing. The Board requested this change as a
matter of practicality.

Subsection (a) of this section is new language
added to include a protest period in the notice.

Subsection (a)(2)(iii) of this section is new
language added to allow the Board to cancel the
hearing if no written protests are received.

As to subsection (b)(1) of this section, this
procedure conforms to that prescribed for
application for a branch office, which requires
that notice be published in a newspaper and as
provided in the State Documents Law. This also
cures a time conflict problem caused by the
cut-off date for publication in the Maryland
Register vis-a-vis the 30 days' maximum time
required before a hearing.

In subsection (b)(2) of this section, the phrase
"In the Maryland Register" is added for clarity
and to standardize a common provision for
publication.