A savings and loan association shall take title to all its investments in its own name, except as may be permitted by regulation or order of the Division Director to assign or grant a security interest in collateral given by a savings and loan association to any State or federal government agency or instrumentality, including the State of Maryland Deposit Insurance Fund Corporation, a federal reserve bank, or a federal home loan bank, to secure loans to the savings and loan association.
Structure Maryland Statutes
Title 9 - Savings and Loan Associations
Subtitle 4 - General Powers and Provisions
Part II - General Provisions -- Operations
Section 9-416 - Adverse Claim to Money
Section 9-419 - Investments Authorized
Section 9-420 - Specific Limitations on Authorized Investments
Section 9-421 - Alternative Mortgage Instruments
Section 9-422 - Title to Investments; Exception
Section 9-423 - Right to Hold Investments
Section 9-424 - Expenses Charged Borrowers
Section 9-426 - Trustee or Custodian Under Federal Retirement Acts