Plain Text Law

§ 5–701

Statutes in effect as of October 1, 2026.

Md. Code Ann., Fin. Inst. § 5-701 (2026)
Title 5. Banking Institutions -- General Provisions
Subtitle 7. Bank Holidays

§ 5–701Copy Citation

(a)
In this subtitle the following words have the meanings indicated.
(b)
“Federal holiday” means, as to each corresponding legal holiday, the date that the federal government designates for observance of the holiday.
(c)
“Optional bank holiday” means a day on which a banking institution is authorized to be closed.