Md. Code, Financial Institutions § 3-205

Md. Code, Financial Institutions § 3-205
in effect
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(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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi&section=3-205&enactments=falseFetched: 10/17/2026

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