(a) When articles of incorporation are filed for record in accordance with § 4-204 of this subtitle, the savings bank becomes a corporation.
(b) Notwithstanding any charter provision or provision of law, each savings bank has the right to perpetual existence until forfeiture.
Structure Maryland Statutes
Title 4 - Banking Institutions -- Savings Banks
Subtitle 2 - Formation and Powers
Section 4-201 - Formation in General
Section 4-202 - Articles of Incorporation -- Execution and Contents
Section 4-203 - Articles of Incorporation -- Filing for Examination and Approval
Section 4-204 - Articles of Incorporation -- Filing for Record
Section 4-205 - Corporate Status; Perpetual Existence
Section 4-206 - General Powers of Savings Bank
Section 4-207 - Certification Before Beginning Business
Section 4-208 - Initial Guaranty Fund Requirements