Md. Code, Financial Institutions § 5-906
Md. Code, Financial Institutions § 5-906
in effect(a) The Commissioner shall decide whether to approve an application under § 5-904 of this subtitle within 60 days of receipt of a completed application.
(b) An application shall be deemed approved if the Commissioner takes no action on the application within the time limits specified in this section.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi§ion=5-906&enactments=falseFetched: 10/17/2026
