144

LAWS OF MARYLAND

Ch. 33

institution" are deleted as unnecessary given the
specific, limited reference to a "State bank,
trust company, or savings bank", none of which,
by definition, includes these associations.

(E)   CHARTER.

"CHARTER" HAS THE MEANING STATED IN § 1-101 OF THE
CORPORATIONS AND ASSOCIATIONS ARTICLE.

REVISOR'S NOTE: This subsection is new language
necessitated by the transfer to this article of
provisions of the Corporations and Associations
Article to which the definition applies.

CA § 1-101(e) defines "charter" as follows:

"(1) 'Charter' includes:

(i) A charter granted by special act
of the General Assembly;

(ii) Articles or certificate of
Incorporation;

(iii) Amended articles or certificate
of incorporation;

(iv) Articles of restatement, if
approved as described in § 2-609 of this
article;

(v) Articles of amendment and
restatement; and

(vi) Articles or agreements of
consolidation.

(2) 'Charter' includes the documents
referred to in paragraph (1) of this
subsection, either as:

(i) Originally passed or accepted for
record; or

(ii) As amended, corrected, or
supplemented by special act of the General
Assembly, articles of amendment, articles
of amendment and reduction, articles of
extension, articles supplementary, articles
or agreements of merger, articles of
revival, or a certificate of correction."

(F)   COMMERCIAL BANK.

"COMMERCIAL BANK" MEANS AN INSTITUTION THAT IS
INCORPORATED UNDER THE LANS OF THIS STATE AS A STATE BANK OR
TRUST COMPANY.

REVISOR'S NOTE: This subsection is new language added
to avoid unnecessary repetition in this article
of cumbersome references to a "State bank or
trust company".

See also revisor's note to subsection (d) of this
section.