<?xml version='1.0' encoding='utf-8'?>
<section article="gfi" article_name="Financial Institutions" number="4-204" title_number="4" title_name="Banking Institutions -- Savings Banks" subtitle_number="2" subtitle_name="Formation and Powers">
  <level label="a">
    <text>If the Commissioner approves the articles of incorporation, the incorporators shall file for record one of the endorsed copies of the articles with the State Department of Assessments and Taxation.</text>
  </level>
  <level label="b">
    <text>Articles of incorporation that are filed for record are not effective unless the Commissioner has endorsed the articles as approved.</text>
  </level>
</section>
