Md. Code, Fin. Inst. § 9-428
Current with changes from the 2024 Legislative Session
With the written approval of the Division Director, a savings and loan association may operate a business, manage or deal in property, or take any other action over any period of time as determined by the Division Director that may be reasonably necessary to avoid loss on a loan or investment made or obligation created in good faith.
Md. Code, FI § 9-428