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§ 4-906. Certificate of authority required for subsidiary savings bank to do business

West's Annotated Code of MarylandFinancial InstitutionsEffective: April 10, 2012

West's Annotated Code of Maryland
Financial Institutions
Title 4. Banking Institutions--Savings Banks
Subtitle 9. Subsidiary Savings Banks (Refs & Annos)
Effective: April 10, 2012
MD Code, Financial Institutions, § 4-906
§ 4-906. Certificate of authority required for subsidiary savings bank to do business
Currentness
A subsidiary savings bank may not do business until:
(1) The subsidiary savings bank receives from the Commissioner a certificate of authority to do business; and
(2) The required capital stock and the required surplus are paid in full.

Credits

Added by Acts 1986, c. 355, § 1, eff. July 1, 1986. Amended by Acts 1996, c. 326, § 2, eff. July 1, 1996; Acts 2012, c. 66, § 1, eff. April 10, 2012.
MD Code, Financial Institutions, § 4-906, MD FIN INST § 4-906
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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