56 LAWS OF MARYLAND [CH. 20

same manner and to the same extent as was such constituent
bank prior to the merger, and nothing herein contained shall
be construed to impair in any manner the right of any court
to remove such a resulting state bank and to appoint in lieu
thereof a substitute trustee, executor, or other fiduciary.

(b) The resulting state bank shall have the right to use the
name of any constituent bank whenever it can do any act
under such name more conveniently.

(c) Any reference to any constituent bank in any writing,
whether executed or taking effect before or after the merger,
shall be deemed a reference to the resulting state bank if not
inconsistent with the other provisions of such writing.

107H. (Conversion from State bank to National Bank and
the Reverse. ) (a) Nothing in the law of this state shall restrict
the right of a state bank to convert into a national bank upon
compliance with the laws of the United States, and upon
completion of such conversion it shall surrender its charter
as a state bank.

(b) A national bank located in this state which follows the
procedure prescribed by Federal law to convert into a state
bank, may be granted a state charter if it meets the require-
ments for the incorporation of a state bank. Any requirement
that shares must be paid for in cash may be satisfied by the
exchange of shares of the converted state bank for those of the
converting national bank, which may be valued at not more
than their fair cash market value. The procedure for incorpo-
ration of a state bank may be modified to the extent made
necessary by the difference between an ordinary incorporation
and a conversion.

(c) The converted bank shall be considered the same busi-
ness and corporate entity as the converting bank with all of
the right, powers and duties of the converting bank except as
limited by the charter and by-laws of the resulting bank and
the provisions of Section 107G (a) shall be applicable. It may
use the name of the converting bank whenever it can do any
act under such name more conveniently.

(d) Any reference to the converting bank in any writing,
whether executed or taking effect before or after the conver-
sion, shall be deemed a reference to the converted bank if not
inconsistent with the other provisions of such writing.

107-I. (Non-conforming Assets or Business. ) If a constitu-
ent bank has assets which do not conform to the requirements
of state law for the resulting bank or if a converting national