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2013 Maryland Code
FINANCIAL INSTITUTIONS
§ 4-205 - Corporate status; perpetual existence


MD Fin Inst Code § 4-205 (2013) What's This?

§4-205.

(a) When articles of incorporation are filed for record in accordance with § 4-204 of this subtitle, the savings bank becomes a corporation.

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

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