1050                                          LAWS OF MARYLAND                                      Ch. 282

(3) As to savings and loan associations, determine
procedures and standards for:

(i) Examinations;

(ii) Valuation of assets; and

(iii) Advertising and promotional activities.

(d) Seal.

The Board of Commissioners shall have a seal bearing the
inscription "Board of Savings and Loan Association Commissioners
of the State of Maryland".]

[8-208 ] 8-206. Conflicts of interest.

(a)  In general.

A member of the Board of Commissioners may not participate
in any hearing before the Board or pass on any order MATTER that
affects any savings and loan association in which the member has
any interest or with which the member has any connection as a
stockholder, member of the association, director, mortgagor,
borrower, attorney, or otherwise.

(b)  Public members.

A public member of the Board of Commissioners may not serve
as an officer or director of or attorney for a savings and loan
association OR RELATED ENTITY while serving on the Board of
Commissioners.]

[8-209.] 8-205. 8-207. Termination of subtitle.

Subject to the evaluation and reestablishment provisions of
the Program Evaluation Act, this subtitle relating to the Board
of Savings and Loan Association Commissioners and the Division of
Savings and Loan Associations and relating to the regulation of
savings and loan associations is of no effect and may not be
enforced after July 1, 1992.

Subtitle 3. Division of Savings and Loan Associations

8-301. Division established.

There is a Division of Savings and Loan Associations in the
Department of Licensing and Regulation.

8-302. Director of Division of Savings and Loan Associations.
[(a) Position; appointment.