Maryland Code, FINANCIAL INSTITUTIONS 12-208
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Terms Used In Maryland Code, FINANCIAL INSTITUTIONS 12-208
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(a) To apply for a permit for an office, a foreign banking corporation shall submit to the Commissioner an application on the form that the Commissioner requires.
(b) The application shall state:
(1) The location of each proposed office;
(2) A specific description of the proposed operations; and
(3) The services to be performed for the public.