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MARYLAND STATUTES AND CODES

Section 4-202 - Articles of incorporation - Execution and contents.

§ 4-202. Articles of incorporation - Execution and contents.
 

(a)  Execution.- The incorporators shall sign and acknowledge two copies of articles of incorporation. 

(b)  Required contents.- 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 and a citizen of this State and the United States; 

(3) A statement that the incorporators are associating to form a savings bank under this subtitle; 

(4) The name of the savings bank, which may not be similar in any material respect to the name of any other bank, savings bank, or trust company in this State; 

(5) The municipal area and county where the principal banking office of the savings bank is to be located; 

(6) The name and residence address of each member; and 

(7) The number of directors and the names and residence addresses of those who will serve until their successors are elected and qualify. 
 

[CA § 6-103; 1980, ch. 33, § 2; ch. 679; ch. 807, § 1.] 
 

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