Md. Code, Fin. Inst. § 4-905
Md. Code, Fin. Inst. § 4-905
Maryland · Maryland Code, Financial Institutions · Status: effective
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- Md. Code, Fin. Inst. § 4-905, Maryland, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1772244
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Full text
(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.