<?xml version='1.0' encoding='utf-8'?>
<section article="gfi" article_name="Financial Institutions" number="4-205" title_number="4" title_name="Banking Institutions -- Savings Banks" subtitle_number="2" subtitle_name="Formation and Powers">
  <level label="a">
    <text>When articles of incorporation are filed for record in accordance with § 4-204 of this subtitle, the savings bank becomes a corporation.</text>
  </level>
  <level label="b">
    <text>Notwithstanding any charter provision or provision of law, each savings bank has the right to perpetual existence until forfeiture.</text>
  </level>
</section>
