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Section 9-222 - Paid-in Surplus of Capital Stock Association — Maryland Law | CourtGPT
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  8. Section 9-222 - Paid-in Surplus of Capital Stock Association
Maryland Legal Code

Section 9-222 - Paid-in Surplus of Capital Stock Association

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A capital stock association may use paid-in surplus if the expense fund is not sufficient to pay organizational and operating expenses, and dividends or interest on savings accounts.