Maryland Statutes

§ 5-1106

Maryland § 5-1106
JurisdictionMaryland
Article gfiFinancial Institutions
Title5

This text of Maryland § 5-1106 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 § 5-1106 (2026).

Text

(a)Notwithstanding any other provisions of law to the contrary, the Commissioner may:
(1)Exercise any State regulatory approval that may be required to complete a plan of acquisition under this subtitle; and
(2)Waive any procedural requirements, including publication and hearing procedures, if the Commissioner determines that prompt approval of the application protects the best interests of the depositors and creditors of the savings and loan association to be acquired under this subtitle and is in the public interest.
(b)The Commissioner shall give notice in the Maryland Register of the final action that has been taken on an application filed under this subtitle.

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Bluebook (online)
Maryland § 5-1106, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gfi/5-1106.