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Md. Code Ann., Fin. Inst. § 3-201

Redline — January 1, 2019 → current.View current text →
Current — January 1, 2021
As of January 1, 2019
Five or more adult individuals, each of whom is a citizen of this State and the United States, may act as incorporators to form a State bank or a trust company under this subtitle.
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.

Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.