Md. Code, Financial Institutions § 4-905
Md. Code, Financial Institutions § 4-905
in effect(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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi§ion=4-905&enactments=falseFetched: 10/17/2026