HARRY HUGHES, Governor

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(2)  The approval imposes the same conditions
that federal law requires or permits as to a national
banking association; and

(3)  The transaction complies with the rules,
regulations, and conditions [adopted by a majority of the
full authorized membership of the Board] THAT THE BANK
COMMISSIONER ADOPTS.

5-502.

(b) A banking institution may have an electronic
terminal, if the Bank Commissioner, WITH AFTER RECEIVING THE
ADVICE OF THE BANKING BOARD, approves.

5-504.

(a)  Notwithstanding any other provision of Titles 1
through 5 of this article, [on approval of a majority of the
full authorized membership of the Bank Regulations Board] IF
THE BANK COMMISSIONER APPROVES, banking institutions may
engage in any additional banking activity or bank-related
service in which, under federal law, national banking
associations may engage.

(b)  The [Bank Regulations Board] BANK COMMISSIONER may
approve an additional activity or bank-related service only
if:

(1)  The [Board] BANK COMMISSIONER determines
that approval is:

(i) Reasonably required to protect the
welfare of the general economy of this State and of banking
institutions; and

(ii) Not detrimental to the public
interest or to banking institutions; and

(2)  The approval imposes the same conditions
that federal law requires or permits as to national banking
associations.

12-209.

On application for a permit, the Bank Commissioner,
WITH AFTER RECEIVING THE ADVICE OF THE BANKING BOARD, shall
issue the permit, if the Bank Commissioner determines that
the establishment and operations of the proposed office or
electronic terminal will not violate any law of this State
that applies to banks and banking.

SECTION 2. AND BE IT FURTHER ENACTED, That section(s)
of the Annotated Code of Maryland (as enacted by Chapter 754
of the Acts of the General Assembly of 1980) be repealed,
amended, or enacted to read as follows: