Md. Code, Fin. Inst. § 5-906

Current with changes from the 2024 Legislative Session
Section 5-906 - Approval of application - Time limits
(a) The Commissioner shall decide whether to approve an application under § 5-904 of this subtitle within 60 days of receipt of a completed application.
(b) An application shall be deemed approved if the Commissioner takes no action on the application within the time limits specified in this section.

Md. Code, FI § 5-906