The board of directors of a commercial bank may fill any vacancy on the board by electing an individual to serve until the next annual meeting of the stockholders and until a successor is elected and qualifies.
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