§ 2-108
378 words·~2 min read·
/md/financial-institutions/2-108A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§2–108.
(a)The Commissioner shall charge and collect, in advance, the following nonrefundable fees:
(1)An examination fee for a new commercial bank charter under § 3–203 of this article......................................................................................................$15,000
(2)A filing fee for an agreement of consolidation, merger, or transfer of assets under § 3–703 of this article:
(i)Between two commercial banks $3,000
(ii)Among three or more commercial banks $5,000
(3)An application fee for a banking institution to have an affiliate under § 5–403 of this article $750
(4)A fee for a conversion of a national banking association, a federal stock savings and loan association, or a federal stock savings bank into a commercial bank under § 3–801 of this article or a federal mutual savings bank into a savings bank under § 4–701.1 of this article:
(i)Filing fee $7,000
(ii)Examination fee $3,000
(5)Subject to subsection
(b)of this section, a branch fee for:
(i)An application of a banking institution or other–state bank to open a branch under §§ 5–1003 and 5–1005(a) of this article $600;
or
(ii)An expedited notice of a banking institution or other–state bank to open a branch under §§ 5–1003 and 5–1005(b) of this article $400
(6)An application fee for a foreign banking permit under § 12–208 of this article......................................................................................................................$500
(7)A renewal fee for a foreign banking permit under § 12–210 of this article..............................................................................................................................$500
(8)A fee for a certificate of valid charter:
(i)If requested by or on behalf of a banking institution $25
(ii)If requested by or on behalf of a person other than a banking institution.........................................................................................................................$50
(9)A fee for a certified copy of a document $50
(10)An application fee for conversion of a savings bank to a capital stock commercial bank under § 4–703 of this article………………………………….$5,000
(b)The branch fee under subsection (a)(5) of this section does not apply to:
(1)A branch that is acquired by a banking institution through a merger or consolidation with, or transfer to the banking institution of all or substantially all of the assets of, a bank or an insured depository institution; or
(2)An other–state bank chartered by a state that does not charge a fee to a banking institution for establishing a branch in that state.