(a) Except with the written consent of the Division Director, a person who has been convicted, or who is convicted, of any crime involving dishonesty or a breach of trust, may not ever serve as an officer or director of an association.
(b) However, the pendency of an appeal from the conviction stays the operation of the prohibition of subsection (a) of this section until the appeal is decided or dismissed.
Structure Maryland Statutes
Title 9 - Savings and Loan Associations
Section 9-902 - Notice of Rejection of Application for Residential Mortgage
Section 9-903 - Mortgage Insurance Premiums
Section 9-904 - Exemption From Blue Sky Law
Section 9-905 - Promotional Activities; Advertising
Section 9-906 - Loans Conditioned on Certain Transactions Prohibited
Section 9-908 - Termination of Certain Provisions of This Title
Section 9-911 - Persons Convicted of Crime
Section 9-912 - Civil Penalties; Directors, Officers, Employees, and Controlling Persons
Section 9-913 - Criminal Penalties
Section 9-914 - Withdrawing Funds From Failing Institution
Section 9-915 - Scope of Judicial Review
Section 9-916 - Indemnification Prohibition