Md. Code, Financial Institutions § 3-605
Md. Code, Financial Institutions § 3-605
in effect(a) This section does not apply to a leasehold interest in real property.
(b) Subject to the rules and regulations of the Commissioner, a commercial bank may become the owner and lessor of personal property if:
(1) The personal property is acquired on the specific request of and for the use of a customer; and
(2) The investment of the commercial bank in personal property does not exceed:
(i) For any one customer, 10 percent of the unimpaired capital and surplus of the commercial bank; and
(ii) For all of its customers, the total of its unimpaired capital and surplus.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi§ion=3-605&enactments=falseFetched: 10/17/2026