§ 9-709. Insuring agency as receiver or conservator

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The Federal Savings and Loan Insurance Corporation or the State of Maryland Deposit Insurance Fund Corporation has an absolute right to be appointed conservator or receiver of a savings and loan association insured by it.

HISTORY: An. Code 1957, art. 23, § 161; 1980, ch. 856; 1985, 1st Sp. Sess., ch. 6, § 1; 1986, ch. 5, § 1; ch. 11, § 2; ch. 282.

                    
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