(a) When the articles of incorporation are filed for recording in accordance with § 4–903 of this subtitle, the subsidiary savings bank becomes a corporation.
(b) Notwithstanding any charter provision or provision of law, a subsidiary savings bank has the right to perpetual existence until forfeiture.
Structure Maryland Statutes
Title 4 - Banking Institutions -- Savings Banks
Subtitle 9 - Subsidiary Savings Banks
Section 4-902 - Articles of Incorporation
Section 4-903 - Copies of Articles of Incorporation
Section 4-904 - When Subsidiary Savings Bank Becomes Corporation
Section 4-905 - Powers and Duties
Section 4-906 - Requirements for Doing Business
Section 4-908 - Declaration of Cash Dividend