There is a newer version of the Maryland Code
Maryland Financial Institutions Section 5-613
§ 5-613.
  With the consent of the local governing body of any political subdivision that has money deposited with a banking institution, its treasurer or similar fiscal officer may:
    (1)   Consent to a plan of reorganization proposed under this subtitle; and
    (2)   Bind the political subdivision to limit withdrawals from the institution as provided in the plan.
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