Section 9-802 - General prohibition; exceptions(a) Except as provided under subsection (b) of this section, a foreign association or a savings and loan association that maintains its principal office outside this State may not: (1) Have an office for business in this State except for an office that was open for business in this State before June 1, 1955;(2) Have an electronic terminal in this State; or(3) Be admitted to do business in this State.(b) The prohibitions under subsection (a) of this section may not apply to any foreign association that: (1)(i) In furtherance of an agreement with the State of Maryland Deposit Insurance Fund Corporation entered into on or before January 1, 1987, becomes a successor in interest to an association that: 1. Was not federally insured on or before May 18, 1985;2. Was a "major association", as defined under Title 10 of this article, on or before May 19, 1985; and3. Is not federally insured on or before April 1, 1986; and(ii) Operates the association as a federal association in this State;(2) Makes an acquisition in accordance with the provisions of Subtitle 10 of this title; or(3) Was operating an office for business in this State on July 1, 1987, in accordance with applicable State or federal law.