If the Commissioner disapproves an agreement, the Commissioner shall give the constituent banks written notice of the reasons for the disapproval and an opportunity to amend the agreement.
Structure Maryland Statutes
Title 3 - Banking Institutions -- Commercial Banks
Subtitle 7 - Consolidations, Mergers, and Transfers of Assets
Section 3-702 - Scope of Subtitle
Section 3-703 - Agreement of Consolidation, Merger, or Transfer
Section 3-704 - Public Notice of Filing
Section 3-705 - When Commissioner to Act
Section 3-706 - Standards for Approval by Commissioner
Section 3-707 - Disapproval by Commissioner
Section 3-708 - Approval by Stockholders
Section 3-709 - Certificate of Consolidation, Merger, or Transfer of Assets
Section 3-710 - Recording of Documents
Section 3-711 - Charter and Bylaws of Successor in Merger