Md. Code Ann., Fin. Inst. § 9-709
The Federal Savings and Loan Insurance Corporation or the State of Maryland Deposit Insurance Fund Corporation has an absolute right to be appointed conservator or receiver of a savings and loan association insured by it.
Added by Acts 1980, c. 856, § 2, eff. July 1, 1980. Amended by Acts 1985, 1st Sp. Sess., c. 6, § 1, eff. May 18, 1985; Acts 1986, c. 5, § 1; Acts 1986, c. 11, § 2; Acts 1986, c. 282, § 1, eff. June 1, 1986.
Formerly Art. 23, § 161.