§ 14-307. General cessation of business during emergency; closing of banking institution.
(a) "Emergency" defined.- In this section, "emergency" includes an emergency that results from fire, flood, riot, robbery, weather, or other cause.
(b) General cessation of business during emergency.- If an emergency exists in a political subdivision, the Governor may proclaim a day for the general cessation of business in that political subdivision.
(c) Closing of banking institution.- If an emergency exists as to a banking institution, the Governor:
(1) may proclaim a day on which the banking institution may remain closed; and
(2) shall limit the proclamation to the principal banking office and branch offices of the banking institution that the emergency affects.
§ 14-307. General cessation of business during emergency; closing of banking institution.
(a) "Emergency" defined.- In this section, "emergency" includes an emergency that results from fire, flood, riot, robbery, weather, or other cause.
(b) General cessation of business during emergency.- If an emergency exists in a political subdivision, the Governor may proclaim a day for the general cessation of business in that political subdivision.
(c) Closing of banking institution.- If an emergency exists as to a banking institution, the Governor:
(1) may proclaim a day on which the banking institution may remain closed; and
(2) shall limit the proclamation to the principal banking office and branch offices of the banking institution that the emergency affects.
§ 14-307. General cessation of business during emergency; closing of banking institution.
(a) "Emergency" defined.- In this section, "emergency" includes an emergency that results from fire, flood, riot, robbery, weather, or other cause.
(b) General cessation of business during emergency.- If an emergency exists in a political subdivision, the Governor may proclaim a day for the general cessation of business in that political subdivision.
(c) Closing of banking institution.- If an emergency exists as to a banking institution, the Governor:
(1) may proclaim a day on which the banking institution may remain closed; and
(2) shall limit the proclamation to the principal banking office and branch offices of the banking institution that the emergency affects.
