Md. Code, Fin. Inst. § 4-906

Current with changes from the 2024 Legislative Session
Section 4-906 - Requirements for doing business

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.

Md. Code, FI § 4-906