SB 662: Financial Institutions - Payment Stablecoin Services - Establishment and Regulation (Maryland Stablecoin Act)

Summary

Altering the examination fee for a new commercial bank charter; requiring a certain nondepository trust company to include certain disclosures in its articles of incorporation; exempting from certain provisions of law a certain nondepository trust company authorized to provide certain services by the Commissioner of Financial Regulation; authorizing a certain nondepository trust company to request that the Commissioner reduce the capital stock requirements under certain circumstances; etc.

Latest recorded action

No action recorded yet.

May 12, 2026

This is the latest action supplied by the source, not the full legislative history.

Track bills like this one

Mandate alerts you when a bill that matters to your organization moves, and explains what it means.