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Statutes » Maryland » Code, Financial Institutions » Title 4

Md. Code, Financial Institutions § 4-905

This is the official text of Md. Code, Financial Institutions § 4-905, part of Maryland’s Code, Financial Institutions — regulates banks and lenders.

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§4–905.

Official statutory 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.

Status: in_force · Read it on the official government site

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