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Session Laws, 1995
Volume 793, Page 4362   View pdf image
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H.B. 1328                                                VETOES

i

(IV) A CORPORATION OR OTHER ENTITY THAT BECOMES A BANK
HOLDING COMPANY BY MAKING AN ACQUISITION UNDER THIS SUBTITLE.

(F) "BANK HOLDING COMPANY ACT" MEANS THE FEDERAL BANK HOLDING
COMPANY ACT OF 1956.

(G) "BANK SUPERVISORY AGENCY" MEANS:

(I) THE OFFICE OF THE COMPTROLLER OF THE CURRENCY, THE
FEDERAL DEPOSIT INSURANCE CORPORATION, AND THE BOARD OF GOVERNORS OF
THE FEDERAL RESERVE SYSTEM, AND ANY SUCCESSOR TO THESE AGENCIES;

(2) ANY AGENCY OF ANOTHER STATE WITH PRIMARY RESPONSIBILITY
FOR CHARTERING AND SUPERVISING BANKS; AND

(3) ANY AGENCY OF A FOREIGN COUNTRY WITH PRIMARY
RESPONSIBILITY FOR CHARTERING AND SUPERVISING BANKS.

(H) "COMMISSIONER" MEANS THE MARYLAND BANK COMMISSIONER.

(I) "CONTROL" HAS THE MEANING STATED IN § 2(A) OF THE BANK HOLDING
COMPANY ACT.

(J) "DEPOSIT":

(1) WITH RESPECT TO ANY BANK HOLDING COMPANY OTHER THAN A
FOREIGN BANK HOLDING COMPANY, HAS THE MEANING STATED IN 12 U.S.C. §
1813(L); AND

(2) WITH RESPECT TO A FOREIGN BANK HOLDING COMPANY, HAS THE
MEANING STATED IN THE LAW OF THE COUNTRY IN WHICH THE HOLDING
COMPANY IS ORGANIZED OR INCORPORATED.

(K) "FOREIGN BANK HOLDING COMPANY" MEANS A BANK HOLDING
COMPANY WITH ITS PRINCIPAL PLACE OF BUSINESS OUTSIDE THE UNITED STATES.

(L) "INSURED DEPOSITORY INSTITUTION" MEANS ANY FINANCIAL
INSTITUTION THE DEPOSITS OF WHICH ARE INSURED BY THE FEDERAL DEPOSIT
INSURANCE CORPORATION.

(M) "MARYLAND BANK" MEANS A BANK THAT IS:

(1) ORGANIZED UNDER TITLE 3 OR TITLE 4 OF THIS ARTICLE; OR

(2) ORGANIZED UNDER FEDERAL LAW AND HAVING ITS MAIN OFFICE
IN THIS STATE.

(N) "MARYLAND BANK HOLDING COMPANY" MEANS A BANK HOLDING
COMPANY THAT:

(1) HAD ITS PRINCIPAL PLACE OF BUSINESS IN THIS STATE ON THE
LATER OF JULY 1, 1966 OR THE DATE ON WHICH THE COMPANY BECAME A BANK
HOLDING COMPANY; AND

- 4362 -

 

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Session Laws, 1995
Volume 793, Page 4362   View pdf image
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