Maryland § 3-213
Full text of Maryland Maryland Code § 3-213, with citation guidance and answers to common questions.
§ 3-213.
(a) Any commercial bank may amend its charter, in any manner not inconsistent with law, as provided in this section.
(b) A proposed amendment shall be approved at a meeting called for that purpose, by the affirmative vote of the holders of two thirds of the capital stock of the commercial bank.
(c) If the proposed amendment is to authorize the issuance of preferred stock, the proposed amendment shall be approved by the affirmative vote of the holders of a majority of the capital stock of the commercial bank.
(d) After an amendment is approved by the stockholders:
(1) The president of the commercial bank and either its cashier or treasurer shall certify the amendment; and
(2) The amendment shall be signed, filed with the Commissioner for examination, and, if approved by the Commissioner, filed for record as required for articles of incorporation.
(e) On filing the amendment for examination, the commercial bank shall pay to the Commissioner an examination fee of $20.
Frequently Asked Questions About Maryland § 3-213
What does Maryland Code § 3-213 cover?
Section 3-213 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 § 3-213?
A common citation format is "Maryland Code § 3-213" (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 § 3-213 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.