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§ 9-209. Corporate status gained upon final approval of articles of incorporation

West's Annotated Code of MarylandFinancial Institutions

West's Annotated Code of Maryland
Financial Institutions
Title 9. Savings and Loan Associations
Subtitle 2. Incorporation (Refs & Annos)
Part I. In General
MD Code, Financial Institutions, § 9-209
§ 9-209. Corporate status gained upon final approval of articles of incorporation
Currentness
In general
(a) On final approval of the articles of incorporation by the Division Director, the chairman of the incorporators of a savings and loan association shall file for record with the State Department of Assessments and Taxation the endorsed, executed articles of incorporation.
Incorporation upon acceptance of articles of incorporation
(b) When the State Department of Assessments and Taxation accepts the articles of incorporation for record in accordance with subsection (a) of this section, the savings and loan association becomes a corporation.
Copy of acknowledgement sent to Division Director
(c) The chairman of the incorporators shall send to the Division Director a copy of the certificate that acknowledges that the articles of incorporation have been accepted for record.

Credits

Added by Acts 1980, c. 856, § 2, eff. July 1, 1980. Amended by Acts 1986, c. 282, § 1, eff. June 1, 1986.
MD Code, Financial Institutions, § 9-209, MD FIN INST § 9-209
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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