If its charter provides, a savings and loan association may issue capital stock.
Structure Maryland Statutes
Title 9 - Savings and Loan Associations
Subtitle 3 - Organization and Capitalization
Part IV - Capital Structure of Associations -- Capital Stock Association
Section 9-319 - Power to Issue Capital Stock
Section 9-320 - General Provisions
Section 9-321 - Future Issuance of Capital Stock
Section 9-322 - Nature of Capital Stock