# Financial Institutions (GFI)

## Title 5. Banking Institutions -- General Provisions

### Subtitle 10. Branch Banking

#### Section 5-1003

(a) A banking institution or an out-of-state bank may establish a branch in this State by:

  (1) Subject to subsection (b) of this section, opening a de novo branch;

  (2) Purchasing an existing branch from a bank or an insured depository institution; or

  (3) Converting former headquarters or retaining former branches following:

    (i) The purchase of all or substantially all of the assets of a bank or an insured depository institution; or

    (ii) A merger or a consolidation with a bank or an insured depository institution.

(b) An out-of-state bank may establish a de novo branch in this State under subsection (a)(1) of this section only if the home state of the out-of-state bank allows a banking institution to open a de novo branch in its state.

(c) A banking institution or an out-of-state bank may not establish or maintain a branch in this State on the premises or property of an affiliate if the affiliate engages in commercial activities.

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Md. Code Ann., Fin. Inst. (as displayed at mgaleg.maryland.gov, October 16, 2026)