Current with changes from the 2024 Legislative Session effective on or before 7/1/2024, from Chs.. 2 through 1049
Section 3-205 - Corporate status; perpetual existence(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.