§ 3-205. Corporate status; perpetual existence

MD Fin Inst Code § 3-205 (2019) (N/A)
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(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.