§5–1005.

    (a)    Except as provided in subsection (b) of this section, a banking institution that proposes to establish a branch in this State or in another state shall:

        (1)    File with the Commissioner, at least 30 days before the intended opening date, a notice of intention to open a branch; and

        (2)    Submit to the Commissioner any information the Commissioner requires in order to evaluate the proposed branch.

    (b)    A well–capitalized banking institution with a composite CAMELS rating of one or two may establish a branch in this State by filing with the Commissioner an expedited notice, in the form that the Commissioner requires, at least 30 days before the intended opening date.