ANNAPOLIS, Md. (AP) The state's highest court yesterday clearedthe way for the distribution next month of more than $110 million todepositors whose funds have been tied up since last May innow-bankrupt Old Court Savings and Loan Association.
The payout plan will enable more than 17,000 people with $5,000or less in the S&L - about half of all the Baltimore thrift'sdepositors - to retrieve all their funds.
Big depositors, except those with IRAs, will have to wait forthe S&L to be liquidated before they can get anything more than$5,000.
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