Maryland § 2-108

Full text of Maryland Maryland Code § 2-108, with citation guidance and answers to common questions.

§ 2-108.

    (a)    The Commissioner shall charge and collect, in advance, the following nonrefundable fees:

        (1)    An examination fee for a new commercial bank charter under § 3–203 of this article......................................................................................................$15,000

        (2)    A filing fee for an agreement of consolidation, merger, or transfer of assets under § 3–703 of this article:

            (i)    Between two commercial banks    $3,000

            (ii)    Among three or more commercial banks    $5,000

        (3)    An application fee for a banking institution to have an affiliate under § 5–403 of this article    $750

        (4)    A fee for a conversion of a national banking association, a federal stock savings and loan association, or a federal stock savings bank into a commercial bank under § 3–801 of this article or a federal mutual savings bank into a savings bank under § 4–701.1 of this article:

            (i)    Filing fee    $7,000

            (ii)    Examination fee    $3,000

        (5)    Subject to subsection (b) of this section, a branch fee for:

            (i)    An application of a banking institution or other–state bank to open a branch under §§ 5–1003 and 5–1005(a) of this article    $600;

            (ii)    An expedited notice of a banking institution or other–state bank to open a branch under §§ 5–1003 and 5–1005(b) of this article    $400

        (6)    An application fee for a foreign banking permit under § 12–208 of this article......................................................................................................................$500

        (7)    A renewal fee for a foreign banking permit under § 12–210 of this article..............................................................................................................................$500

        (8)    A fee for a certificate of valid charter:

            (i)    If requested by or on behalf of a banking institution    $25

            (ii)    If requested by or on behalf of a person other than a banking institution.........................................................................................................................$50

        (9)    A fee for a certified copy of a document    $50

        (10)    An application fee for conversion of a savings bank to a capital stock commercial bank under § 4–703 of this article………………………………….$5,000

    (b)    The branch fee under subsection (a)(5) of this section does not apply to:

        (1)    A branch that is acquired by a banking institution through a merger or consolidation with, or transfer to the banking institution of all or substantially all of the assets of, a bank or an insured depository institution; or

        (2)    An other–state bank chartered by a state that does not charge a fee to a banking institution for establishing a branch in that state.

Frequently Asked Questions About Maryland § 2-108

What does Maryland Code § 2-108 cover?

Section 2-108 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 § 2-108?

A common citation format is "Maryland Code § 2-108" (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 § 2-108 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.