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Maryland · Through 2026-01-01

Md. Code, Financial Institutions § 9–407

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Where this section sits in the code
  1. Article - Financial Institutions

(a) As to any savings account that has a withdrawal value of less than $25, a savings and loan association:

(1) Need not pay a dividend or interest on the account; and

(2) May not charge a penalty or service charge.

(b) This section does not apply to a negotiable or transferable order of withdrawal account.

Collected 2026-09-14T19:58:27Z. Source file · JSON

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