1. (a) Except as otherwise provided in this article, a subsidiary savings bank has all of the general powers granted to Maryland corporations under the Maryland General Corporation Law.¹
2. (b) Except as otherwise provided in this article, a subsidiary savings bank may exercise all rights, powers, and privileges and shall be subject to all duties and obligations of a savings bank under the laws of this State.
3. (c) Any reference to savings bank in any other law of this State shall be applicable to a subsidiary savings bank.
4. (d) A subsidiary savings bank shall be subject to all the provisions of Title 3, Subtitle 3 of this article regarding its stock.

Added by Acts 1986, c. 355, § 1, eff. July 1, 1986.

Corporations and Associations, § 1-101 et seq.