State Codes and Statutes

Statutes > Maryland > Financial-institutions > Title-4 > Subtitle-9 > 4-904

§ 4-904. When subsidiary savings bank becomes corporation.
 

(a)  Filing articles.- When the articles of incorporation are filed for recording in accordance with § 4-903 of this title, the subsidiary savings bank becomes a corporation. 

(b)  Right to perpetual existence until forfeiture.- Notwithstanding any charter provision or provision of law, a subsidiary savings bank has the right to perpetual existence until forfeiture. 
 

[1986, ch. 355.] 
 

State Codes and Statutes

Statutes > Maryland > Financial-institutions > Title-4 > Subtitle-9 > 4-904

§ 4-904. When subsidiary savings bank becomes corporation.
 

(a)  Filing articles.- When the articles of incorporation are filed for recording in accordance with § 4-903 of this title, the subsidiary savings bank becomes a corporation. 

(b)  Right to perpetual existence until forfeiture.- Notwithstanding any charter provision or provision of law, a subsidiary savings bank has the right to perpetual existence until forfeiture. 
 

[1986, ch. 355.] 
 


State Codes and Statutes

State Codes and Statutes

Statutes > Maryland > Financial-institutions > Title-4 > Subtitle-9 > 4-904

§ 4-904. When subsidiary savings bank becomes corporation.
 

(a)  Filing articles.- When the articles of incorporation are filed for recording in accordance with § 4-903 of this title, the subsidiary savings bank becomes a corporation. 

(b)  Right to perpetual existence until forfeiture.- Notwithstanding any charter provision or provision of law, a subsidiary savings bank has the right to perpetual existence until forfeiture. 
 

[1986, ch. 355.]