Ch. 662

LAWS OF MARYLAND

(II) (III) SPECIFIES PLANS, IF ANY , FOR NEW
PROGRAMS OR INITIATIVES TO MEET THE CREDIT NEEDS OF SMALL
BUSINESSES, FARM OWNERS, AND LOW AND MODERATE INCOME FAMILIES AND
INDIVIDUALS.

(3) THE REPORTING REQUIREMENT UNDER PARAGRAPH (2) OF
THIS SUBSECTION MAY BE SATISFIED BY THE SUBMISSION OF ANY REPORT
REQUIRED BY THE FEDERAL GOVERNMENT IF THE REPORT CONTAINS
SUBSTANTIALLY THE SAME INFORMATION REQUIRED UNDER PARAGRAPH (2)
OF THIS SUBSECTION.

(II) (3) (4) UPON REQUEST, THE COMMISSIONER
SHALL MAKE AVAILABLE TO THE PUBLIC A COPY OF THE REPORT REQUIRED
UNDER THIS PARAGRAPH (2) OF THIS SUBSECTION.

8-101.

(a) In this title and in Title 9, the following words have
the meanings indicated.

(j) "Savings and loan association" or "association" means,
unless the context clearly requires otherwise, a corporation that
is chartered under the laws of this State as a savings and loan
association.

9-101.

(a) In this title the following words have the meanings
indicated.

(i) "Federal association" means:

(1) A savings and loan association that is
incorporated under the laws of the United States; or

(2) A federal savings bank that operates under the
jurisdiction of the Federal Home Loan Bank Board and whose
accounts are insured by the Federal Savings and Loan Insurance
Corporation.

9-505.

(A) A FEDERAL ASSOCIATION LOCATED IN THE STATE OR A SAVINGS
AND LOAN ASSOCIATION SHALL ANNUALLY SUBMIT A WRITTEN REPORT TO
THE DIRECTOR THAT:------------------------------------------------------

(1) SPECIFIES THE STEPS TAKEN TO:

(I) MEET THE CREDIT NEEDS OF SMALL BUSINESSES,
INCLUDING MINORITY OWNED AND WOMEN OWNED SMALL BUSINESSES;

(II) MEET THE CREDIT NEEDS OF FARM OWNERS, IF
ANY, LOCATED WITHIN THE COMMUNITY SERVED BY THE BANK; AND--------

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