Maryland § 1-405
Full text of Maryland Maryland Code § 1-405, with citation guidance and answers to common questions.
§ 1-405.
(a) “Foreign banking corporation” has the meaning stated in § 12-201(e) of this article.
(b) A foreign banking corporation may not have an automated teller machine in this State for any purpose unless:
(1) The foreign banking corporation obtains from the Commissioner a permit for the automated teller machine; or
(2) The automated teller machine is authorized under:
(i) The Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 or other federal law; or
(ii) Title 5, Subtitle 9 or Subtitle 10 of this article.
(c) The process for obtaining a permit for the automated teller machine is as stated in §§ 12-208 and 12-209 of this article.
Frequently Asked Questions About Maryland § 1-405
What does Maryland Code § 1-405 cover?
Section 1-405 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 1-405?
A common citation format is "Maryland Code § 1-405" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 1-405 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.