Maryland Code, Financial Institutions § 4-907

(1) The name and residence of each director;

(2) If the required capital stock and surplus are paid in full; and

(3) If the subsidiary savings bank has complied with all other applicable provisions of this title.

(d)(1) If, after examination, it appears that the required capital stock and surplus have not been paid in full, the Commissioner may not issue the certificate of authority to do business.

(2) If, after examination, the Commissioner has reason to believe that the stockholders formed the subsidiary savings bank for any purpose other than legitimate business under this article, the Commissioner, with the advice and consent of the Secretary of Labor, may withhold the certificate.