§ 3-205
44 words·~1 min read·
/md/financial-institutions/3-205A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§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.