§ 3-205

Md. Code, Financial Institutions § 3-205, under Article — Financial Institutions.

Md. Code, Financial Institutions § 3-205

(a) When articles of incorporation are filed for record in accordance with § 3-204 of this subtitle, the commercial bank becomes a corporation.

(b) Notwithstanding any charter provision or provision of law, each commercial bank has the right to perpetual existence until forfeiture.