Md. Code, Financial Institutions § 5-613

§5–613.

Year: 2026Length: 55 wordsOfficial source
With the consent of the local governing body of any political subdivision that has money deposited with a banking institution, its treasurer or similar fiscal officer may: (1) Consent to a plan of reorganization proposed under this subtitle; and (2) Bind the political subdivision to limit withdrawals from the institution as provided in the plan.
Md. Code, Financial Institutions § 5-613: §5–613. | Justis AI