Maryland Statutes

§ 3-606

Maryland § 3-606
JurisdictionMaryland
Article gfiFinancial Institutions
Title3

This text of Maryland § 3-606 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 § 3-606 (2026).

Text

(a)An officer, employee, or agent of a commercial bank may not certify any draft drawn on the commercial bank unless the drawer has on deposit an amount equal to at least the amount of the draft.
(b)If a draft is certified in violation of this section by a person who is authorized to certify drafts, it is a valid obligation of the commercial bank.

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Bluebook (online)
Maryland § 3-606, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gfi/3-606.