Md. Code, Financial Institutions § 12-210
This is the official text of Md. Code, Financial Institutions § 12-210, part of Maryland’s Code, Financial Institutions — regulates banks and lenders.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§12–210.
Official statutory text
(a) A permit expires on the third anniversary of its effective date, unless the permit is renewed for a 3–year term as provided in this section.
(b) Before its permit expires, the foreign banking corporation may renew the permit for additional 3–year terms if the foreign banking corporation:
(1) At least 30 days before its permit expires submits to the Commissioner a renewal application on the form that the Commissioner requires; and
(2) Meets the requirements for issuance of a permit under § 12–209 of this subtitle.
(c) The Commissioner shall renew the permit of each foreign banking corporation that meets the requirements of this section.
(b) Before its permit expires, the foreign banking corporation may renew the permit for additional 3–year terms if the foreign banking corporation:
(1) At least 30 days before its permit expires submits to the Commissioner a renewal application on the form that the Commissioner requires; and
(2) Meets the requirements for issuance of a permit under § 12–209 of this subtitle.
(c) The Commissioner shall renew the permit of each foreign banking corporation that meets the requirements of this section.
Status: in_force · Read it on the official government site
Need a lawyer in Maryland?
Find a Maryland lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.