There is a newer version of the Maryland Code
2013 Maryland Code
FINANCIAL INSTITUTIONS
§ 4-906 - Requirements for doing business
MD Fin Inst Code § 4-906 (2013) What's This?
§4-906.
A subsidiary savings bank may not do business until:
(1) The subsidiary savings bank receives from the Commissioner a certificate of authority to do business; and
(2) The required capital stock and the required surplus are paid in full.
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