Md. Code, Financial Institutions § 3-213
This is the official text of Md. Code, Financial Institutions § 3-213, 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.
§3–213.
Official statutory text
(a) Any commercial bank may amend its charter, in any manner not inconsistent with law, as provided in this section.
(b) A proposed amendment shall be approved at a meeting called for that purpose, by the affirmative vote of the holders of two thirds of the capital stock of the commercial bank.
(c) If the proposed amendment is to authorize the issuance of preferred stock, the proposed amendment shall be approved by the affirmative vote of the holders of a majority of the capital stock of the commercial bank.
(d) After an amendment is approved by the stockholders:
(1) The president of the commercial bank and either its cashier or treasurer shall certify the amendment; and
(2) The amendment shall be signed, filed with the Commissioner for examination, and, if approved by the Commissioner, filed for record as required for articles of incorporation.
(e) On filing the amendment for examination, the commercial bank shall pay to the Commissioner an examination fee of $20.
(b) A proposed amendment shall be approved at a meeting called for that purpose, by the affirmative vote of the holders of two thirds of the capital stock of the commercial bank.
(c) If the proposed amendment is to authorize the issuance of preferred stock, the proposed amendment shall be approved by the affirmative vote of the holders of a majority of the capital stock of the commercial bank.
(d) After an amendment is approved by the stockholders:
(1) The president of the commercial bank and either its cashier or treasurer shall certify the amendment; and
(2) The amendment shall be signed, filed with the Commissioner for examination, and, if approved by the Commissioner, filed for record as required for articles of incorporation.
(e) On filing the amendment for examination, the commercial bank shall pay to the Commissioner an examination fee of $20.
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.