1. (a) The Commissioner shall charge and collect, in advance, the following nonrefundable fees:

   (1)

   An examination fee for a new commercial bank charter under § 3-203 of this article

   $15,000

   (2)

   A filing fee for an agreement of consolidation, merger, or transfer of assets under § 3-703 of this article:

   (i)

   Between two commercial banks

   $3,000

   (ii)

   Among three or more commercial banks

   $5,000

   (3)

   An application fee for a banking institution to have an affiliate under § 5-403 of this article

   $750

   (4)

   A fee for a conversion of a national banking association, a federal stock savings and loan association, or a federal stock savings bank into a commercial bank under § 3-801 of this article or a federal mutual savings bank into a savings bank under § 4-701.1 of this article:

   (i)

   Filing fee

   $7,000

   (ii)

   Examination fee

   $3,000

   (5)

   Subject to subsection (b) of this section, a branch fee for:

   (i)

   An application of a banking institution or other-state bank to open a branch under §§ 5-1003 and 5-1005(a) of this article

   $600; or

   (ii)

   An expedited notice of a banking institution or other-state bank to open a branch under §§ 5-1003 and 5-1005(b) of this article

   $400

   (6)

   An application fee for a foreign banking permit under § 12-208 of this article

   $500

   (7)

   A renewal fee for a foreign banking permit under § 12-210 of this article

   $500

   (8)

   A fee for a certificate of valid charter:

   (i)

   If requested by or on behalf of a banking institution

   $25

   (ii)

   If requested by or on behalf of a person other than a banking institution

   $50

   (9)

   A fee for a certified copy of a document

   $50

   (10)

   An application fee for conversion of a savings bank to a capital stock commercial bank under § 4-703 of this article

   $5,000

2. (b) The branch fee under subsection (a)(5) of this section does not apply to:

   1. (1) A branch that is acquired by a banking institution through a merger or consolidation with, or transfer to the banking institution of all or substantially all of the assets of, a bank or an insured depository institution; or
   2. (2) An other-state bank chartered by a state that does not charge a fee to a banking institution for establishing a branch in that state.

Added by Acts 2008, c. 293, § 1, eff. July 1, 2008. Amended by Acts 2008, c. 36, § 6, eff. April 8, 2008; Acts 2009, c. 741, § 1, eff. July 1, 2009; Acts 2010, c. 457, § 1, eff. Oct. 1, 2010; Acts 2012, c. 52, § 1, eff. July 1, 2012.

Formerly Art. 11, § 25.