{"data":{"id":"us-md/md.-code-financial-institutions-5-1104","jurisdiction":"us-md","citation":"Md. Code, Financial Institutions § 5–1104","heading":"","body":"If the Commissioner deems it appropriate in order to consummate an acquisition under this subtitle, the Commissioner may:\n(1) Convert the charter, form of ownership, or operating powers of a savings and loan association into the charter, form of ownership, or operating powers of a commercial bank;\n(2) Authorize the consolidation, merger, or transfer of assets of a savings and loan association into one or more savings and loan associations or commercial banks; and\n(3) Charter a new commercial bank or savings and loan association to acquire all or a substantial portion of the assets and liabilities of an existing savings and loan association, including all savings accounts liabilities and liabilities to the State.","path":["Article - Financial Institutions"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi\u0026section=5-1104","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:58:27Z","sha256":"3e3eb6225fec6be793dc63d11a06e19404d5a92bca794f04a5081cd44fdba1de","source_id":"us-md","stale":false,"prev":"us-md/md.-code-financial-institutions-5-1103","next":"us-md/md.-code-financial-institutions-5-1105"},"notice":"GroundRules: Original legal text. Not legal advice."}