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2013 Maryland Code
FINANCIAL INSTITUTIONS
§ 5-1007 - Approval of branch -- Time limitations
MD Fin Inst Code § 5-1007 (2013) What's This?
§5-1007.
(a) The Commissioner shall decide whether to approve the establishment of a branch of a banking institution within 30 days of receipt of the notice specified in § 5-1005 of this subtitle.
(b) A branch shall be deemed approved if the Commissioner takes no action on the notice within the time limit specified in this section.
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