§ 4–904
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 4-904 (2026)
Title 4. Banking Institutions -- Savings Banks
Subtitle 9. Subsidiary Savings Banks
§ 4–904LinkCopy Citation
(a)
When the articles of incorporation are filed for recording in accordance with § 4–903 of this subtitle, the subsidiary savings bank becomes a corporation.
(b)
Notwithstanding any charter provision or provision of law, a subsidiary savings bank has the right to perpetual existence until forfeiture.