§ 5-1007. Approval of branch -- Time limitations

MD Fin Inst Code § 5-1007 (2019) (N/A)
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(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.