{"data":{"id":"us-md/md.-code-financial-institutions-3-605","jurisdiction":"us-md","citation":"Md. Code, Financial Institutions § 3–605","heading":"","body":"(a) This section does not apply to a leasehold interest in real property.\n(b) Subject to the rules and regulations of the Commissioner, a commercial bank may become the owner and lessor of personal property if:\n(1) The personal property is acquired on the specific request of and for the use of a customer; and\n(2) The investment of the commercial bank in personal property does not exceed:\n(i) For any one customer, 10 percent of the unimpaired capital and surplus of the commercial bank; and\n(ii) For all of its customers, the total of its unimpaired capital and surplus.","path":["Article - Financial Institutions"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gfi\u0026section=3-605","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:58:27Z","sha256":"f7adff21941efcb813c03ee17520bf87cf8e26be70106872bcf3bf5627232d8b","source_id":"us-md","stale":false,"prev":"us-md/md.-code-financial-institutions-3-604","next":"us-md/md.-code-financial-institutions-3-606"},"notice":"GroundRules: Original legal text. Not legal advice."}
