2526

LAWS OF MARYLAND

Ch. 658

(iii) The services to be provided;

(iv) The estimated annual expense; and

(v) The source of payment for the annual
expense.

(c) (1) The Division Director shall publish notice of
the filing of an application under this section [and of the
public hearing].

(2)  The notice shall state [that]:

(i) [A] THE SCHEDULED DATE, PLACE, AND
TIME OF A public hearing WHICH may be held [on a date that
is] at least 30 days and not more than [60] 90 days after
the filing;

(ii) [Written] THAT WRITTEN protests to
the application MAY BE MADE BY ANY SAVINGS AND LOAN
ASSOCIATION LOCATED IN THE AREA WHERE A SAVINGS AND LOAN
OFFICE IS PROPOSED, AND THAT PROTESTS shall be received BY
THE DIVISION DIRECTOR no later than 10 days before the
scheduled hearing; and

(iii) [If the Board does not receive any]
THAT THE HEARING MAY BE CANCELED IF NO written protest IS
RECEIVED within the time provided in the [notice, the
hearing may be canceled] NOTICE.

(3)  The notice shall be published:

(i) [For at] AT least ONCE EACH WEEK FOR 2
SUCCESSIVE weeks AT THE EXPENSE OF THE APPLICANT in a
newspaper of general circulation in the political
subdivision where the proposed office is to be located;

(ii) In the Maryland Register, as provided
in the State Documents Law; and

(iii) As the Division Director considers
otherwise desirable.

(d)  AS PROVIDED IN THIS SECTION:

(1)  Any savings and loan association located in
the area where a proposed branch office of a savings and
loan association is to be located or a principal office is
proposed to be relocated may protest the requested approval
of the Division Director[.]; AND

(2)  The Division Director shall give any savings
and loan association that protests under paragraph (1) of
this subsection an opportunity to be heard.

(e)  Not later than 30 days after the conclusion of the
hearing or, if a hearing is not held, after the scheduled