HARRY HUGHES, Governor                                 2805

(a)  When [the documents required by § 3-709 of this
subtitle are] THE EXECUTED AGREEMENT AND A COPY OF THE
RESOLUTION OF THE STOCKHOLDERS OF EACH CONSTITUENT BANK,
CERTIFIED BY ITS SECRETARY OR CASHIER, HAVE BEEN filed with
the Bank Commissioner AND THE BANK COMMISSIONER HAS APPROVED
THE TRANSACTION, the Bank Commissioner shall issue to the
successor a certificate of consolidation, merger, or
transfer of assets that sets forth the name of each
constituent bank and the name of the successor.

(B)  THE CONSTITUENT BANKS MAY DESIGNATE AN EFFECTIVE
DATE AND TIME, NOT EARLIER THAN THE DATE OF THE CERTIFICATE,
TO BE INCLUDED IN THE CERTIFICATE OF CONSOLIDATION, MERGER,
OR TRANSFER OF ASSETS.

(C)  UNLESS THE CERTIFICATE OF CONSOLIDATION, MERGER,
OR TRANSFER OF ASSETS SPECIFIES A LATER EFFECTIVE DATE AND
TIME, THE CONSOLIDATION, MERGER. OR TRANSFER OF ASSETS
BECOMES EFFECTIVE UPON ISSUANCE OF THE CERTIFICATE BY THE
BANK COMMISSIONER.

(D)  [(b)] This certificate is conclusive evidence of
the consolidation, merger, or transfer of assets and of the
correctness of all proceedings relating to it.

3-711.

(b)   [The] A certificate of consolidation, merger, or
transfer of assets THAT THE BANK COMMISSIONER ISSUES, OR A
CERTIFICATE THAT THE COMPTROLLER OF THE CURRENCY OF THE
UNITED STATES ISSUES TO EFFECT A MERGER OR CONSOLIDATION IN
WHICH A NATIONAL BANKING ASSOCIATION IS THE SUCCESSOR, may
be recorded in any office where deeds are recorded to
evidence the new name in which the property of the
constituent banks is held.

3-712.

The stockholders' approval of a merger agreement
constitutes the adoption of the charter AND BYLAWS of the
successor, including any amendments set forth in the
agreement.

4-202.

(b) The articles of incorporation shall include:

(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;

4-402.