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Maryland Code, Financial Institutions § 9-206

Current as of January 01, 2025 | Updated by Findlaw Staff

(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.

(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.

(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.

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Cite this article: FindLaw.com - Maryland Code, Financial Institutions § 9-206 - last updated January 01, 2025 | https://codes.findlaw.com/md/financial-institutions/md-code-fin-inst-sect-9-206/

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