§ 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.

HISTORY: CA § 6-103; 1980, ch. 33, § 2; ch. 679; ch. 807, § 1.