# Md. Code, Financial Institutions § 3-205: –205

> Maryland · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MD_Agfi_T3_S2_S3-205

## Section

- **Citation:** Md. Code, Financial Institutions § 3-205
- **Heading:** –205
- **Jurisdiction:** Maryland
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MD Code / Article gfi / Title 3 / Subtitle 2 / Section 3-205

## Text

(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.

## Nearby sections

- [Md. Code, Financial Institutions § 3-201 §3–201.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agfi_T3_S2_S3-201.md)
- [Md. Code, Financial Institutions § 3-202 §3–202.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agfi_T3_S2_S3-202.md)
- [Md. Code, Financial Institutions § 3-203 §3–203.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agfi_T3_S2_S3-203.md)
- [Md. Code, Financial Institutions § 3-203.1 §3–203.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agfi_T3_S2_S3-203.1.md)
- [Md. Code, Financial Institutions § 3-204 §3–204.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agfi_T3_S2_S3-204.md)
- [Md. Code, Financial Institutions § 3-205 §3–205.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agfi_T3_S2_S3-205.md)
- [Md. Code, Financial Institutions § 3-206 §3–206.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agfi_T3_S2_S3-206.md)
- [Md. Code, Financial Institutions § 3-207 §3–207.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agfi_T3_S2_S3-207.md)
- [Md. Code, Financial Institutions § 3-208 §3–208.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agfi_T3_S2_S3-208.md)
- [Md. Code, Financial Institutions § 3-209 §3–209.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agfi_T3_S2_S3-209.md)
- [Md. Code, Financial Institutions § 3-211 §3–211.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agfi_T3_S2_S3-211.md)
- [Md. Code, Financial Institutions § 3-211.1 §3–211.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agfi_T3_S2_S3-211.1.md)
- [Md. Code, Financial Institutions § 3-212 §3–212.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agfi_T3_S2_S3-212.md)
- [Md. Code, Financial Institutions § 3-213 §3–213.](https://www.frixlaw.com/law-library/statutes/STATE_MD_Agfi_T3_S2_S3-213.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MD_Agfi_T3_S2_S3-205. Check the current official text before relying on it. Not legal advice.