Maryland Financial Institutions Section 4-905

Article - Financial Institutions

§ 4-905.

      (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.



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