Md. Code, Financial Institutions § 3-408

§3–408.

Year: 2026Length: 54 wordsSubsections: 2Official source
(a) A majority of the directors of a State bank then serving is a quorum. (b) The articles of incorporation or bylaws of a trust company may specify the number of directors that is a quorum, but the number shall be at least the greater of one third of the directors or four directors.
Md. Code, Financial Institutions § 3-408: §3–408. | Justis AI