Maryland § 7-111
Full text of Maryland Maryland Code § 7-111, with citation guidance and answers to common questions.
§ 7-111.
(a) The Board of Directors of the Corporation shall adopt bylaws for the Corporation and rules and regulations to carry out the provisions of this title.
(b) (1) A bylaw, rule, or regulation becomes effective only after it is submitted to and approved by the Commissioner.
(2) A bylaw, rule, or regulation is considered approved if the Commissioner does not notify the Corporation of disapproval and the reasons for it within 30 days after submission of the bylaw, rule, or regulation.
(3) The Commissioner may disapprove a bylaw, rule, or regulation only if the Commissioner has reason to believe that:
(i) It is contrary to the principles or purposes of this title; or
(ii) It does not serve the best interests of the public.
Frequently Asked Questions About Maryland § 7-111
What does Maryland Code § 7-111 cover?
Section 7-111 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 § 7-111?
A common citation format is "Maryland Code § 7-111" (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 § 7-111 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.