§ 3-405. Commercial bank directors
West's Annotated Code of MarylandFinancial Institutions
MD Code, Financial Institutions, § 3-405
§ 3-405. Commercial bank directors
(a) Until successors are elected and qualify, the board of directors of a commercial bank consists of the individuals named as directors in the articles of incorporation.
(b)(1) Except as provided in paragraph (2) of this subsection, at each annual meeting of stockholders, the stockholders shall elect directors to hold office until the earlier of:
Credits
Added by Acts 1999, c. 523, § 1, eff. Oct. 1, 1999.
MD Code, Financial Institutions, § 3-405, MD FIN INST § 3-405
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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