Md. Code, Financial Institutions § 4-703
Md. Code, Financial Institutions § 4-703
in effect(a) A savings bank may convert to a capital stock commercial bank with the approval of its members and the Commissioner.
(b) The Commissioner shall adopt regulations to govern the conversion of savings banks to capital stock commercial banks.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi§ion=4-703&enactments=falseFetched: 10/17/2026
