§ 4–905
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 4-905 (2026)
Title 4. Banking Institutions -- Savings Banks
Subtitle 9. Subsidiary Savings Banks
§ 4–905LinkCopy Citation
(a)
Except as otherwise provided in this article, a subsidiary savings bank has all of the general powers granted to Maryland corporations under the Maryland General Corporation Law.
(b)
Except as otherwise provided in this article, a subsidiary savings bank may exercise all rights, powers, and privileges and shall be subject to all duties and obligations of a savings bank under the laws of this State.
(c)
Any reference to savings bank in any other law of this State shall be applicable to a subsidiary savings bank.
(d)
A subsidiary savings bank shall be subject to all the provisions of Title 3, Subtitle 3 of this article regarding its stock.