§ 3–101
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 3-101 (2026)
Title 3. Banking Institutions -- Commercial Banks
Subtitle 1. Definitions; General Provisions
§ 3–101LinkCopy Citation
(a)
In this title the following words have the meanings indicated.
(b)
“Capital stock” includes both common and preferred stock of a commercial bank.
(c)
“Debt instrument” means any capital note, debenture, bond, or certificate of beneficial interest issued by a commercial bank.
(d)
“Inhabitants” means the population of a municipal area, as determined by the latest federal or State census.
(e)
“Nondepository trust company” means a trust company that is not insured by the Federal Deposit Insurance Corporation.
(f)
“State bank” means an institution that is incorporated under the laws of this State as a bank.
(g)
“Trust company” means an institution that is incorporated under the laws of this State as a trust company.