§ 5-701. Definitions  


Latest version.



  •    (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.


HISTORY: 1980, ch. 33, § 2.