§ 5–1007
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 5-1007 (2026)
Title 5. Banking Institutions -- General Provisions
Subtitle 10. Branch Banking
§ 5–1007LinkCopy Citation
(a)
The Commissioner shall decide whether to approve the establishment of a branch of a banking institution within 30 days of receipt of the notice specified in § 5-1005 of this subtitle.
(b)
A branch shall be deemed approved if the Commissioner takes no action on the notice within the time limit specified in this section.