Section 9-209 - Filing for record; status. - Maryland Statutes

§ 9-209. Filing for record; status.
 

(a)  Filing required.- On final approval of the articles of incorporation by the Division Director, the chairman of the incorporators of a savings and loan association shall file for record with the State Department of Assessments and Taxation the endorsed, executed articles of incorporation. 

(b)  Corporate status.- When the State Department of Assessments and Taxation accepts the articles of incorporation for record in accordance with subsection (a) of this section, the savings and loan association becomes a corporation. 

(c)  Certification of filing.- The chairman of the incorporators shall send to the Division Director a copy of the certificate that acknowledges that the articles of incorporation have been accepted for record. 
 

[CA § 6-209; 1980, ch. 856; 1986, ch. 282.]