Md. Code Ann., Fin. Inst. § 9-203
Name requirements
Effective Jun 1, 1986Added by Acts 1980, c. 856, § 2, eff. July 1, 1980. Amended by Acts 1986, c. 282, § 1, eff. June 1, 1986; Acts 1987, c. 11, § 1.State of Maryland
- (1) Need not indicate that it is a corporation;
(2) Shall contain one of the following phrases or any combination of the words:
- (i) “Savings association”;
- (ii) “Building association”;
- (iii) “Savings and loan association”; or
- (iv) “Building and loan association”;
- (3) May not be similar in any material or misleading respect to the name of any other State or federal savings and loan association, except that a savings and loan association in operation before July 1, 1980 may continue to operate under its existing name; and
- (4) May not include the words “commercial”, “federal”, “government”, “guaranteed”, “insured”, “Maryland”, “national”, “trust”, “trustee”, or “United States”, except that a savings and loan association in operation before July 1, 1986 may continue to operate under its existing name.
The name of a savings and loan association:
Added by Acts 1980, c. 856, § 2, eff. July 1, 1980. Amended by Acts 1986, c. 282, § 1, eff. June 1, 1986; Acts 1987, c. 11, § 1.