(a) Each director of a commercial bank shall attend at least one half of the regularly scheduled board meetings that are held during the director’s term of office.
(b) (1) Any director who fails to attend meetings of the board of directors as required by this section is disqualified automatically from serving as director for a succeeding term.
(2) The Commissioner may waive the disqualification of a director if the director shows to the Commissioner good cause for the failure to attend the meetings.
Structure Maryland Statutes
Title 3 - Banking Institutions -- Commercial Banks
Subtitle 4 - Directors and Officers
Section 3-401 - Management of Commercial Bank
Section 3-402 - Number of Directors
Section 3-403 - Qualifications of Directors
Section 3-404 - Oath of Directors
Section 3-405 - Election of Directors
Section 3-406 - Attendance at Board Meetings