Maryland Code, FINANCIAL INSTITUTIONS 9-639

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Terms Used In Maryland Code, FINANCIAL INSTITUTIONS 9-639

state: means :

(1) a state, possession, territory, or commonwealth of the United States; or

(2) the District of Columbia. See

(a) After the final order of approval, the board of directors of the converting association shall file the endorsed charter amendments with the State Department of Assessments and Taxation.

(b) When the State Department of Assessments and Taxation accepts the charter amendments for record, the stock association becomes a commercial bank.

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