Plain Text Law

§ 2–108

Statutes in effect as of October 1, 2026.

Md. Code Ann., Fin. Inst. § 2-108 (2026)
Title 2. Commissioner and Boards
Subtitle 1. Commissioner of Financial Regulation

§ 2–108Copy Citation

(a)
The Commissioner shall charge and collect, in advance, the following nonrefundable fees:
(1)
An examination fee for a new commercial bank charter under § 3–203 of this article..............................................................................................$15,000
(2)
A filing fee for an agreement of consolidation, merger, or transfer of assets under § 3–703 of this article:
(i)
Between two commercial banks    $3,000
(ii)
Among three or more commercial banks    $5,000
(3)
An application fee for a banking institution to have an affiliate under § 5–403 of this article    $750
(4)
A fee for a conversion of a national banking association, a federal stock savings and loan association, or a federal stock savings bank into a commercial bank under § 3–801 of this article or a federal mutual savings bank into a savings bank under § 4–701.1 of this article:
(i)
Filing fee    $7,000
(ii)
Examination fee    $3,000
(5)
Subject to subsection (b) of this section, a branch fee for:
(i)
An application of a banking institution or other–state bank to open a branch under §§ 5–1003 and 5–1005(a) of this article    $600;
or
(ii)
An expedited notice of a banking institution or other–state bank to open a branch under §§ 5–1003 and 5–1005(b) of this article    $400
(6)
An application fee for a foreign banking permit under § 12–208 of this article.................................................................................................................$500
(7)
A renewal fee for a foreign banking permit under § 12–210 of this article.........................................................................................................................$500
(8)
A fee for a certificate of valid charter if requested by or on behalf of a person other than a banking institution...............................................................$50
(9)
A fee for a certified copy of a document    $50
(10)
An application fee for conversion of a savings bank to a capital stock commercial bank under § 4–703 of this article………………………………$5,000
(b)
The branch fee under subsection (a)(5) of this section does not apply to:
(1)
A branch that is acquired by a banking institution through a merger or consolidation with, or transfer to the banking institution of all or substantially all of the assets of, a bank or an insured depository institution; or
(2)
An other–state bank chartered by a state that does not charge a fee to a banking institution for establishing a branch in that state.