Md. Code, Financial Institutions § 4-906

Md. Code, Financial Institutions § 4-906
in effect
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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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi&section=4-906&enactments=falseFetched: 10/17/2026

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