§ 5–906
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 5-906 (2026)
Title 5. Banking Institutions -- General Provisions
Subtitle 9. Bank Holding Companies
§ 5–906LinkCopy Citation
(a)
The Commissioner shall decide whether to approve an application under § 5-904 of this subtitle within 60 days of receipt of a completed application.
(b)
An application shall be deemed approved if the Commissioner takes no action on the application within the time limits specified in this section.