Maryland § 5-1106
Full text of Maryland Maryland Code § 5-1106, with citation guidance and answers to common questions.
§ 5-1106.
(a) Notwithstanding any other provisions of law to the contrary, the Commissioner may:
(1) Exercise any State regulatory approval that may be required to complete a plan of acquisition under this subtitle; and
(2) Waive any procedural requirements, including publication and hearing procedures, if the Commissioner determines that prompt approval of the application protects the best interests of the depositors and creditors of the savings and loan association to be acquired under this subtitle and is in the public interest.
(b) The Commissioner shall give notice in the Maryland Register of the final action that has been taken on an application filed under this subtitle.
Frequently Asked Questions About Maryland § 5-1106
What does Maryland Code § 5-1106 cover?
Section 5-1106 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 § 5-1106?
A common citation format is "Maryland Code § 5-1106" (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 § 5-1106 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.