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Session Laws, 1986
Volume 768, Page 1066   View pdf image
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1066

LAWS OF MARYLAND

Ch. 282

Board of Commissioners or the Division Director, the Board of
Commissioners may institute proceedings to enjoin the continued
violation of the order.]

[8-408.] 8-404. Termination of subtitle.

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

Title 9. Savings and Loan Associations

Subtitle 1. Definitions; General Prohibition

9-101. Definitions.

(a)  In General.

In this title the following words have the meanings
indicated.

(b)  Board of Commissioners.

"Board of Commissioners" [means the Board of Savings and
Loan Association Commissioners] HAS THE MEANING STATED IN § 8-101
OF THIS ARTICLE.

(c)  Capital stock.

"Capital stock" means capital stock issued by a capital
stock association.

(d)  Capital stock association.

"Capital stock association" means a savings and loan
association that has authority under this title to issue capital
stock.

(e)  Deposit association.

"Deposit association" means a savings and loan association
that has savings deposit accounts.

(f)  Division Director.

"Division Director" [means the Director of the Division of
Savings and Loan Associations] HAS THE MEANING STATED IN § 8-101
OF THIS ARTICLE.

(G) EMPLOYEE.

 

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Session Laws, 1986
Volume 768, Page 1066   View pdf image
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