Maryland Statutes

§ 12-207

Maryland § 12-207
JurisdictionMaryland
Article gfiFinancial Institutions
Title12

This text of Maryland § 12-207 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Md. Code Ann., Financial Institutions § 12-207 (2026).

Text

(a)Except as provided in subsection (b) of this section, a foreign banking corporation may not have an office in this State for any purpose unless:
(1)The foreign banking corporation obtains from the Commissioner a permit for the office; or
(2)The office is authorized under:
(i)The Riegle–Neal Interstate Banking and Branching Efficiency Act of 1994 or other federal law; or
(ii)Title 5, Subtitle 9 or Subtitle 10 of this article.
(b)A foreign banking corporation that maintains another license issued by the Commissioner is exempt from obtaining a permit under this section.

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Bluebook (online)
Maryland § 12-207, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gfi/12-207.