(a) The Fund Director may not: (1) Be an officer or director of any State or federal savings and loan association; or (2) Engage in any other business relating to financial institutions. (b) (1) The Fund Director may not own stock or be a depositor in any member association. (2) The employees of the Fund may not own stock in any member association. (c) Any person who violates any provision of this section is subject to dismissal.
‹ Prev All Maryland sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.