Maryland § 4-902
Full text of Maryland Maryland Code § 4-902, with citation guidance and answers to common questions.
§ 4-902.
(a) The incorporators of a subsidiary savings bank shall sign and acknowledge 2 copies of the articles of incorporation.
(b) The articles of incorporation shall include:
(1) The name and address of each incorporator;
(2) A statement that each incorporator is 18 years old or older, a resident of this State, and a citizen of the United States;
(3) A statement that the incorporators are associated to form a subsidiary savings bank under this subtitle;
(4) The name of the subsidiary savings bank, which may not be similar in any material respect to the name of any other bank or trust company in this State, except that the name of the subsidiary savings bank may be similar to the name of a savings bank reorganized pursuant to this title that is affiliated with the subsidiary savings bank;
(5) The municipal area and county where the principal banking office of the subsidiary savings bank is to be located;
(6) The number of directors and the names and residence addresses of those who will serve as directors until their successors are elected and qualify; and
(7) A statement that more than 50% of the shares of capital stock issued shall be held by the mutual holding company.
(c) The minimum capital requirements of a subsidiary savings bank shall be governed by §§ 3-209 and 3-211 of this article.
(d) The articles of incorporation may include any other provision not inconsistent with law.
Frequently Asked Questions About Maryland § 4-902
What does Maryland Code § 4-902 cover?
Section 4-902 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 4-902?
A common citation format is "Maryland Code § 4-902" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 4-902 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.