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Statutes Text

Article - Financial Institutions




§9–206.

    (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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