Md. Code, Financial Institutions § 13-1105
This is the official text of Md. Code, Financial Institutions § 13-1105, 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.
§13–1105.
Official statutory text
(a) Nine voting members of the Authority are a quorum.
(b) An action of the Authority must receive the affirmative vote of at least a majority of the voting members of the Authority.
(c) The Authority shall determine the times and places of its meetings.
(d) A member of the Authority:
(1) May not receive compensation; but
(2) Is entitled to reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget.
(b) An action of the Authority must receive the affirmative vote of at least a majority of the voting members of the Authority.
(c) The Authority shall determine the times and places of its meetings.
(d) A member of the Authority:
(1) May not receive compensation; but
(2) Is entitled to reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget.
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.