Maryland Statutes

§ 3-408

Maryland § 3-408
JurisdictionMaryland
Article gfiFinancial Institutions
Title3

This text of Maryland § 3-408 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 § 3-408 (2026).

Text

(a)A majority of the directors of a State bank then serving is a quorum.
(b)The articles of incorporation or bylaws of a trust company may specify the number of directors that is a quorum, but the number shall be at least the greater of one third of the directors or four directors.

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Bluebook (online)
Maryland § 3-408, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gfi/3-408.