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Session Laws, 1964
Volume 672, Page 352   View pdf image (33K)
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352                                   LAWS OF MARYLAND                          [CH. 127

of a banking institution as defined in this article; nor shall such
person or persons, copartnership or corporation or any other entity
make use of or circulate any letterheads, billheads, blank notes, blank
receipts, certificates, circulars, or any written or printed, or partly
written or printed paper whatever, having thereon any artificial or
corporate name, or other word or words indicating that such business
is the business of a banking institution. Neither shall any such per-
son, copartnership, corporation or any other entity broadcast over the
radio or the television in any manner whatsoever, any written or
printed statements or any oral statements which would indicate by
such media that they are a banking institution.

Any person, copartnership, corporation or any other entity violat-
ing any of the provisions of this section, either individually or as an
interested party in any copartnership, or corporation, shall be deemed
guilty of a misdemeanor and on conviction thereof shall be fined not
more than three thousand dollars ($3,000.00), or be imprisoned for
not more than five years, or by both fine and imprisonment.

112.

(c) Within [thirty days] six (6) months after receipt by the
[Bank] Commissioner of the papers specified in subsection (a), the
[Bank] Commissioner shall approve or disapprove the merger agree-
ment. The [Bank] Commissioner shall approve the agreement if it
appears that

(1)   The resulting State bank meets all requirements of State law
as to the formation of a new State bank.

(2)   The agreement provides an adequate capital structure in-
cluding surplus in relation to the deposit liabilities of the resulting
State bank and its other activities which are to continue or are to be
undertaken.

(3)   The agreement is fair.

(4)   The merger is not contrary to the public interest. If the
[Bank] Commissioner disapproves an agreement, he shall state his
objections and give an opportunity to the constituent banks to amend
the merger agreement to obviate such objections.

SEC. 2. And be it further enacted, That this Act shall take effect
June 1, 1964.

Approved April 7, 1964.

CHAPTER 127
(House Bill 40)

AN ACT to repeal and re-enact, with amendments, Section 293 of
Article 66C of the Annotated Code of Maryland (1963 Supple-
ment), title "Natural Resources", subtitle "Fish and Fisheries",
subheading "Part 2. Tidal Waters", to change the minimum legal
size for taking, possession or sale of bass, and to define the kind
of pike to which the minimum legal size for taking or possession
is applicable.

 

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Session Laws, 1964
Volume 672, Page 352   View pdf image (33K)
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