Unannotated Code of Maryland (Last Updated: May 16, 2014) |
FINANCIAL INSTITUTIONS |
TITLE 5. BANKING INSTITUTIONS -- GENERAL PROVISIONS |
SUBTITLE 7. BANK HOLIDAYS |
§ 5-701. Definitions
Latest version.
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(a) In general. -- In this subtitle the following words have the meanings indicated.
(b) Federal holiday. -- "Federal holiday" means, as to each corresponding legal holiday, the date that the federal government designates for observance of the holiday.
(c) Optional bank holiday. -- "Optional bank holiday" means a day on which a banking institution is authorized to be closed.