Maryland § 5-703
Full text of Maryland Maryland Code § 5-703, with citation guidance and answers to common questions.
§ 5-703.
(a) Except as provided in subsection (b) of this section, a banking institution shall be open for business on each day during the year except for the days on which the banking institution is required or authorized by this subtitle to be closed.
(b) The Commissioner may approve the operation of a branch that is open for business fewer days than described in subsection (a) of this section if the Commissioner determines that:
(1) The branch will serve a customer base or community that has unique banking needs;
(2) At least 1 other branch of the banking institution is open for business as described in subsection (a) of this section; and
(3) The operation of the branch will not be detrimental to the public interest or to banking institutions.
Frequently Asked Questions About Maryland § 5-703
What does Maryland Code § 5-703 cover?
Section 5-703 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 § 5-703?
A common citation format is "Maryland Code § 5-703" (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 § 5-703 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.