(a) If the Commissioner approves the articles of incorporation, the incorporators shall file for record one of the endorsed copies of the articles with the State Department of Assessments and Taxation.
(b) Articles of incorporation that are filed for record are not effective unless the Commissioner has endorsed the articles as approved.
Structure Maryland Statutes
Title 3 - Banking Institutions -- Commercial Banks
Subtitle 2 - Formation and Powers
Section 3-201 - Formation in General
Section 3-202 - Articles of Incorporation -- Execution and Contents
Section 3-203 - Articles of Incorporation -- Filing for Examination and Approval
Section 3-203.1 - Articles of Incorporation -- Fingerprint Requirements
Section 3-204 - Articles of Incorporation -- Filing for Record
Section 3-205 - Corporate Status; Perpetual Existence
Section 3-206 - General Powers of Commercial Bank
Section 3-207 - Additional Powers of Trust Company
Section 3-208 - Certification Before Beginning Business
Section 3-209 - Minimum Capital Requirements -- Commercial Banks
Section 3-211 - Capital Payments Before Beginning Business
Section 3-211.1 - Receivership -- Nondepository Trust Company