3542                                          LAWS OF MARYLAND                                      Ch. 751

(2)  Is located in the same state as the payor [credit
union} INSTITUTION; and

(3)  Is located in a different state from that in
which the payor [credit union] INSTITUTION is located.

[(b)] (C) The notice shall also state the time after which
the funds represented by an item become available for withdrawal
as of right where the item is issued by:

(1)  The Maryland State Government or any agency
thereof;

(2)  The United States Treasury; and

(3)  Any agency of the federal government.

[(c)] (D) The notice shall be printed in type no smaller
than elite typewriter characters.

9-909.

(A) IN THIS SECTION, "PAYOR INSTITUTION" MEANS A BANK,
CREDIT UNION, OR SAVINGS AND LOAN ASSOCIATION BY WHICH AN ITEM IS
PAYABLE AS DRAWN OR ACCEPTED.

[(a)] (B) As to each [demand] account of each depositor in
a savings and loan association, the savings and loan association
shall give to the customer, on opening of the account and on any
later demand of the customer, written notice of the time after
which the funds represented by an item deposited to the account
shall be available for withdrawal as of right, for each of the
situations where the association:

(1)  Is also the payor [association] INSTITUTION;

(2)  Is located in the same state as the payor
[association] INSTITUTION; and

(3)  Is located in a different state from that in
which the payor [association] INSTITUTION is located.

[(b)] (C) The notice shall also state the time after which
the funds represented by an item become available for withdrawal
as of right where the item is issued by:

(1)  The Maryland State government or any agency
thereof;

(2)  The United States Treasury; and

(3)  Any agency of the federal government.

[(c)] (D) The notice shall be printed in type no smaller
than elite typewriter characters.