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Section 3-303 - Loans for Stock Subscription — Maryland Law | CourtGPT
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  7. Section 3-303 - Loans for Stock Subscription
Maryland Legal Code

Section 3-303 - Loans for Stock Subscription

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A commercial bank may not make any loan the proceeds of which are to be used to pay for any part of a subscription to its capital stock unless the loan is secured adequately by other collateral.