There is a newer version of the Maryland Code
Maryland Financial Institutions Section 3-205
§ 3-205.
  (a)   When articles of incorporation are filed for record in accordance with § 3-204 of this subtitle, the commercial bank becomes a corporation.
  (b)   Notwithstanding any charter provision or provision of law, each commercial bank has the right to perpetual existence until forfeiture.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.