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§ 9-206. Notice of filing and hearing

West's Annotated Code of MarylandFinancial Institutions

West's Annotated Code of Maryland
Financial Institutions
Title 9. Savings and Loan Associations
Subtitle 2. Incorporation (Refs & Annos)
Part I. In General
MD Code, Financial Institutions, § 9-206
§ 9-206. Notice of filing and hearing
In general
(a)(1) On receipt of the items listed in § 9-205 of this subtitle, the Division Director shall publish a notice of the filing.
(2) The notice shall state that:
(i) A public hearing may be held on a date that is at least 30 days and not more than 60 days after the filing;
(ii) Written protests to the application shall be received no later than 10 days before the scheduled hearing; and
(iii) If the Division Director does not receive any written protest within the time provided in the notice, the hearing may be canceled.
Publishing requirements
(b) The notice shall be published:
(1) For at least 2 successive weeks in a newspaper of general circulation in the political subdivision where the principal office of the proposed savings and loan association in this State is to be located; and
(2) In the Maryland Register as provided in the State Documents Law.
Testimony from persons filing protest
(c) The Division Director may prohibit testimony by any person who did not file a protest that complies with subsection (a)(2)(ii) of this section.

Credits

Added by Acts 1980, c. 856, § 2, eff. July 1, 1980. Amended by Acts 1982, c. 882; Acts 1986, c. 282, § 1, eff. June 1, 1986.
MD Code, Financial Institutions, § 9-206, MD FIN INST § 9-206
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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