Maryland Financial Institutions Section 12-207

      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.