Terms Used In Maryland Code, FINANCIAL INSTITUTIONS 3-201

  • Adult: means an individual at least 18 years old. See
  • state: means :

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

    (2) the District of Columbia. See
Three or more adult individuals, each of whom is a citizen of the United States, and at least one of whom is a citizen of this State, may act as incorporators to form a State bank or a trust company under this subtitle.
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