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§ 5-701. Definitions

West's Annotated Code of MarylandFinancial Institutions

West's Annotated Code of Maryland
Financial Institutions
Title 5. Banking Institutions--General Provisions
Subtitle 7. Bank Holidays (Refs & Annos)
MD Code, Financial Institutions, § 5-701
§ 5-701. Definitions
Currentness
In general
(a) In this subtitle the following words have the meanings indicated.
Federal holiday
(b) “Federal holiday” means, as to each corresponding legal holiday, the date that the federal government designates for observance of the holiday.
Optional bank holiday
(c) “Optional bank holiday” means a day on which a banking institution is authorized to be closed.

Credits

Added by Acts 1980, c. 33, § 2, eff. July 1, 1980.
MD Code, Financial Institutions, § 5-701, MD FIN INST § 5-701
Current through legislation effective through April 25, 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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