Md. Code, Financial Institutions § 3-408

Md. Code, Financial Institutions § 3-408
in effect
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(a) A majority of the directors of a State bank then serving is a quorum. (b) The articles of incorporation or bylaws of a trust company may specify the number of directors that is a quorum, but the number shall be at least the greater of one third of the directors or four directors.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi&section=3-408&enactments=falseFetched: 10/17/2026

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