{"data":{"id":"us-md/md.-code-financial-institutions-9-212","jurisdiction":"us-md","citation":"Md. Code, Financial Institutions § 9–212","heading":"","body":"(a) A savings and loan association that forfeits its charter may revive the charter in accordance with Title 3, Subtitle 5 of the Corporations and Associations Article only if:\n(1) The Division Director approves the proposed articles of revival; and\n(2) The charter was forfeited for:\n(i) Failure to file an annual report with the State Department of Assessments and Taxation; or\n(ii) Nonpayment of taxes.\n(b) Not later than 30 days after a savings and loan association files articles of revival with the Division Director for examination, the Director shall pass an order approving or refusing the articles of revival.","path":["Article - Financial Institutions"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi\u0026section=9-212","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:58:27Z","sha256":"a948a1a72d4ab3374237923a283244d43e95760a37c623ac150982332ed2ccfa","source_id":"us-md","stale":false,"prev":"us-md/md.-code-financial-institutions-9-211","next":"us-md/md.-code-financial-institutions-9-213"},"notice":"GroundRules: Original legal text. Not legal advice."}