A capital stock association may use paid-in surplus if the expense fund is not sufficient to pay organizational and operating expenses, and dividends or interest on savings accounts.
Structure Maryland Statutes
Title 9 - Savings and Loan Associations
Part II - Initial Capitalization
Section 9-216 - Acquisitions of Shares of Stock of Association; Change of Control
Section 9-216.1 - Initial Accounts and Surety Bond
Section 9-217 - Form of Surety Bond
Section 9-218 - Initial Subscription for Savings Accounts
Section 9-221 - Initial Subscriptions for Capital Stock Account
Section 9-222 - Paid-in Surplus of Capital Stock Association