Ch. 5

LAWS OF MARYLAND

(b) Notwithstanding any other provision of law, in the case
of the liquidation of a savings and loan association for which a
receiver has been appointed under § 9-708 of this [Part V] TITLE:

(1)  The determination of whether the association's
savings accounts constitute savings deposit accounts or savings
share accounts for purposes of subsection (a) of this section
shall be made as of the date that the receiver is appointed by
the court administering the receivership; and

(2)  If, as of that date, the savings and loan
association in receivership constitutes a deposit association
under § 9-314 of this subtitle, then all of its savings accounts
shall constitute savings deposit accounts for purposes of
subsection (a) of this section.

DRAFTER'S NOTE:

Error: Stylistic error in § 9-329(b) of the Financial
Institutions Article.

Occurred: Ch. 11, Acts of 1986.

9-1109.

In addition to membership authorized in § 6-210 of this
[title] ARTICLE, a credit union resulting from a conversion under
this subtitle "may permit individuals who, at the time of
conversion, are members, savings account holders, directors,
officers, employees, or borrowers of a mutual association, to
become members of the resulting credit union.

DRAFTER'S NOTE:

Error: Stylistic error in § 9-1109 of the Financial
Institutions Article.

Occurred: Ch. 635, Acts of 1988.

13-101.

(g) "Bonds" means bonds, notes, bond anticipation notes,
notes in the nature of commercial paper or other instruments,
certificates, or evidences of obligation issued and sold by any
public body, agency or instrumentality of the State to finance or
refinance 1 or more facilities or 1 or more energy projects, or
to refund outstanding bonds, including, by way of example, bonds
within the meaning indicated in the Maryland Economic Development
Revenue Bond Act and bonds within the meaning indicated in
[Article 41, § 518] ARTICLE 83A, § 6-302 of the Code.

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