§ 3-407. Vacancies on board
West's Annotated Code of MarylandFinancial InstitutionsEffective: October 1, 2020
Effective: October 1, 2020
MD Code, Financial Institutions, § 3-407
Formerly cited as MD FIN INST § 3-409
§ 3-407. Vacancies on board
The board of directors of a commercial bank may fill any vacancy on the board by electing an individual to serve until the next annual meeting of the stockholders and until a successor is elected and qualifies.
Credits
Added as Financial Institutions § 3-409 by Acts 1980, c. 33, § 2, eff. July 1, 1980. Amended by Acts 2008, c. 89, § 1, eff. Oct. 1, 2008. Renumbered as Financial Institutions § 3-407 by Acts 2020, c. 498, § 2, eff. Oct. 1, 2020.
MD Code, Financial Institutions, § 3-407, MD FIN INST § 3-407
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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