Source: http://www.lawserver.com/law/state/maryland/md-laws/maryland_laws_financial_institutions
Timestamp: 2013-05-22 13:50:59
Document Index: 177496248

Matched Legal Cases: ['§ 1', '§ 1', '§ 1', '§ 1', '§ 1', '§ 1', '§ 1', '§ 1', '§ 1', '§ 1', '§ 1', '§ 1', '§ 1', '§ 1', '§ 1', '§ 1', '§ 1', '§ 1', '§ 1', '§ 1', '§ 1', '§ 12', '§ 1', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 5', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 2', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 3', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 4', '§ 3', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 14', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 5', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', 'art 702', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 7', '§ 8', '§ 8', '§ 8', '§ 8', '§ 8', '§ 8', '§ 8', '§ 8', '§ 8', '§ 8', '§ 8', '§ 8', '§ 8', '§ 8', '§ 8', '§ 8', '§ 8', '§ 9', '§ 9', '§ 1', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 9', '§ 6', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 10', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 11', '§ 5111', '§ 11', '§ 11', '§ 10', '§ 11', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 15', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 1', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 17', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 12', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13', '§ 13']

Maryland Code > Financial Institutions :: Lawserver LawServer - Laws, Legal Information and Lawyers
Home > LawServer Pro > Business Law > Financial Services > Maryland Code > Financial Institutions Financial Services For this topic: Go back to the topic homeTopic HomeJoin the forum for this topicForumRSS feed for this topicRSSFeedbackFeedback	Search the Maryland Codes
Maryland Code > Financial Institutions Maryland Code > Financial InstitutionsCurrent as of: 2010Check for updatesBegins…§ 1-101In this article, unless the context clearly requires otherwise,...§ 1-201Except as otherwise expressly provided by this article, the Maryland...§ 1-202A requirement in this article that a document be acknowledged means...§ 1-203Before any license or permit may be issued under this article to...§ 1-204A provision in an account agreement for a transfer on death in compliance...§ 1-205In this section the following words have the meanings indicated.§ 1-206In this section, "fiduciary deposit surety bond" means a surety...§ 1-208The directors and officers of a financial institution shall develop...§ 1-209Only the State may enact a law which purports to regulate extensions...§ 1-210In this section the following words have the meanings indicated.§ 1-301In this subtitle the following words have the meanings indicated.§ 1-302Except as otherwise expressly provided in this subtitle, a fiduciary...§ 1-303This subtitle does not prohibit:§ 1-304In this section, "subpoena" means a subpoena, summons, warrant,...§ 1-305Any officer, employee, agent, or director of a fiduciary institution...§ 1-306In this section the following words have the meanings indicated.§ 1-401In this subtitle the following words have the meanings indicated.§ 1-402(i)This section does not apply to any person:§ 1-403Subject to this section, a banking institution or credit union may...§ 1-404At or before the time a transaction is initiated, the operator of...§ 1-405"Foreign banking corporation" has the meaning stated in § 12-201(e)...§ 1-406Only the State may enact a law regarding automated teller machines.§ 2-101There is a Commissioner of Financial Regulation in the Department...§ 2-102The Commissioner is appointed by the Secretary of Labor, Licensing,...§ 2-103With the approval of the Secretary of Labor, Licensing, and Regulation,...§ 2-104The Commissioner may employ a staff in accordance with the State...§ 2-105The Commissioner exercises the powers and performs the duties of...§ 2-105.1In this section the following words have the meanings indicated.§ 2-106The Commissioner shall adopt an official seal. A description and...§ 2-107On or before December 31 of each year, the Commissioner shall submit...§ 2-108The Commissioner shall charge and collect, in advance, the following...§ 2-109Except as otherwise provided by law, the Commissioner shall pay...§ 2-110The Commissioner and Deputy Commissioner shall devote full time...§ 2-111The Commissioner, employees of the Commissioner’s office, and other...§ 2-112Except as provided in subsection (b) of this section, the Commissioner,...§ 2-113In this section, "affiliate" has the meaning stated in § 5–401(b)...§ 2-114The Commissioner may:§ 2-115When the Commissioner determines that a person has engaged in an...§ 2-116When it appears to the Commissioner that a person is about to engage...§ 2-117Subject to subsections (b) and (c) of this section, notwithstanding...§ 2-118In this section, "Fund" means the Banking Institution and Credit...§ 2-119Beginning in fiscal year 2009, the Governor shall appropriate in...§ 2-201There is a Banking Board in the Department of Labor, Licensing,...§ 2-202The Banking Board consists of the following nine members:§ 2-203The function of the Banking Board is advisory.§ 2-204The Banking Board shall meet at the call of the Commissioner.§ 2-401Subject to the evaluation and reestablishment provisions of the...§ 2-402Subject to the evaluation and reestablishment provisions of the...§ 3-101In this title the following words have the meanings indicated.§ 3-102Every trust company has the powers granted by, and is subject to,...§ 3-103This section applies to a commercial bank that:§ 3-201Five or more adult individuals, each of whom is a citizen of this...§ 3-202The incorporators shall sign and acknowledge two copies of articles...§ 3-203The incorporators shall file with the Commissioner for examination...§ 3-203.1In this section, "executive officer" has the meaning stated in 12...§ 3-204If the Commissioner approves the articles of incorporation, the...§ 3-205When articles of incorporation are filed for record in accordance...§ 3-206Except as otherwise provided in this article, a commercial bank...§ 3-207In addition to the powers set forth elsewhere in this article, a...§ 3-208A commercial bank may not do business until it receives from the...§ 3-209Before the Commissioner issues a certificate to do business, the...§ 3-211Except as otherwise provided by law, payment for capital stock and...§ 3-212After its articles of incorporation are filed for record and its...§ 3-213Any commercial bank may amend its charter, in any manner not inconsistent...§ 3-301A subscription for the original capital stock of a commercial bank...§ 3-302If the Commissioner approves, a commercial bank may issue preferred...§ 3-303A commercial bank may not make any loan the proceeds of which are...§ 3-304Except as necessary to prevent a loss on a loan previously made...§ 3-305A reduction of the outstanding capital stock of a commercial bank:§ 3-306If the surplus of a commercial bank at any time is less than 100...§ 3-307The board of directors of a commercial bank may declare a cash dividend...§ 3-308The board of directors of a commercial bank may not declare a stock...§ 3-309Each commercial bank shall keep a stock ledger, which shall contain...§ 3-310The annual meeting of the stockholders of a commercial bank shall...§ 3-311On demand of a stockholder, a person may not vote any share of capital...§ 3-312If the Commissioner approves, a commercial bank may issue and sell...§ 3-314In this section the following words have the meanings indicated.§ 3-315Except as provided in subsection (b) of this section, the chief...§ 3-316Unless the charter provides otherwise, a stockholder does not have...§ 3-401The business and affairs of a commercial bank shall be managed under...§ 3-402Each commercial bank shall have at least 5 and not more than 30...§ 3-403After the initial issuance of capital stock by a commercial bank,...§ 3-404Each director of a commercial bank shall take an oath:§ 3-405Until successors are elected and qualify, the board of directors...§ 3-407Subject to the limitation in § 3-402 of this subtitle, at any meeting...§ 3-408Each director of a commercial bank shall attend at least one half...§ 3-409The board of directors of a commercial bank may fill any vacancy...§ 3-410A majority of the directors of a State bank then serving is a quorum.§ 3-411Within 15 days after the annual meeting of the stockholders and...§ 3-501In this subtitle the following words have the meanings indicated.§ 3-502A trust company may establish and administer one or more common...§ 3-503The fiduciary capacities of a trust company referred to in this...§ 3-504A trust company shall establish and maintain a common trust fund...§ 3-505Except as provided in § 3-507 of this subtitle, a fund plan shall...§ 3-506A fund plan may provide for:§ 3-507Notwithstanding any other provision of this subtitle, a trust company...§ 3-508A copy of the fund plan and any amendments to it shall be filed...§ 3-509A fund plan may be amended only:§ 3-510A trust company, acting in a fiduciary capacity, may invest money...§ 3-511A trust company may invest in a common trust fund money from an...§ 3-512Except as otherwise provided in this section, a trust company may...§ 3-513Entry into and withdrawal from participation in a common trust fund...§ 3-514A trust company that administers a common trust fund may issue a...§ 3-515The trust company that establishes a common trust fund has exclusive...§ 3-516For each common trust fund that it administers, a trust company...§ 3-517The ownership of and title to the individual assets in a common...§ 3-518A trust company may register in the name of a nominee any assets...§ 3-519A trust company may invest the assets of a common trust fund in...§ 3-520A transfer agent or a transferee of an asset held in the name of...§ 3-601This section does not apply to:§ 3-604A commercial bank may accept for payment at a later date a draft...§ 3-605This section does not apply to a leasehold interest in real property.§ 3-606An officer, employee, or agent of a commercial bank may not certify...§ 3-607In this section the following words have the meanings indicated.§ 3-701In this subtitle the following words have the meanings indicated.§ 3-702Any bank may, as provided in this subtitle:§ 3-703An agreement of consolidation, merger, or transfer of assets shall...§ 3-704Except as provided in subsection (b) of this section, the Commissioner...§ 3-705Within 6 months after the papers specified in § 3-703(c) of this...§ 3-706The Commissioner shall approve the agreement if:§ 3-707If the Commissioner disapproves an agreement, the Commissioner shall...§ 3-708The agreement shall be submitted to the stockholders of each constituent...§ 3-709When the executed agreement and a copy of the resolution of the...§ 3-710The successor shall act promptly to file and record the agreement...§ 3-711The stockholders’ approval of a merger agreement constitutes the...§ 3-712Consummation of a consolidation or merger has the effects provided...§ 3-713Consummation of a transfer of assets has the effects provided in...§ 3-718The successor in a consolidation, merger, or transfer of assets...§ 3-719The owner of shares of stock that were voted against a consolidation,...§ 3-720The fair value of the shares of stock shall be determined as of...§ 3-721Any amount due to an objecting stockholder under this Part II is...§ 3-801In this section the following words have the meanings indicated.§ 3-802Any commercial bank may convert into a national banking association...§ 3-803A commercial bank may dissolve voluntarily, if the stockholders...§ 3-804In the distribution of the general assets of a trust company that...§ 4-101In this title the following words have the meanings indicated.§ 4-201Fifteen or more adult individuals, each of whom is a citizen of...§ 4-202The incorporators shall sign and acknowledge two copies of articles...§ 4-203The incorporators shall:§ 4-204If the Commissioner approves the articles of incorporation, the...§ 4-205When articles of incorporation are filed for record in accordance...§ 4-206Except as otherwise provided in this article, a savings bank has...§ 4-207A savings bank may not do business until it receives from the Commissioner...§ 4-208Before the Commissioner issues a certificate to do business, a savings...§ 4-209Payment to the initial guaranty fund shall be:§ 4-210Any savings bank may amend its charter in any manner not inconsistent...§ 4-301If a savings bank has a guaranty fund that is less than 5 percent...§ 4-302Except as provided in this section, a savings bank may not reduce...§ 4-303A savings bank may pay interest on its deposits only from its profits,...§ 4-401Unless organized as a subsidiary savings bank, as defined in this...§ 4-402The bylaws of a savings bank shall provide for annual meetings of...§ 4-501The business and affairs of a savings bank shall be managed under...§ 4-502Each savings bank shall have at least 5 and not more than 30 directors,...§ 4-503Each director of a savings bank shall be a member of the savings...§ 4-504Each director of a savings bank shall take an oath:§ 4-505Until successors are elected and qualify, the board of directors...§ 4-507Each director of a savings bank shall attend at least one half of...§ 4-508The board of directors of a savings bank may fill any vacancy on...§ 4-509Unless the charter or bylaws of a savings bank provide for a greater...§ 4-601A depositor of a savings bank may withdraw the deposit as the bylaws...§ 4-603Unless a savings bank has the prior approval of the Commissioner,...§ 4-604In this section, "federal act" means:§ 4-701In this section, "transfer assets", "transfer its assets", or "transfer...§ 4-702A savings bank may dissolve voluntarily as provided in this section.§ 4-801In this subtitle, "savings and loan association" means a savings...§ 4-802Notwithstanding any other provision of law, any savings bank may...§ 4-803The savings bank shall:§ 4-804In connection with the reorganization of a savings bank into a mutual...§ 4-805A mutual holding company shall be subject to the provisions of the...§ 4-805.1A mutual holding company is a mutual association and may not have...§ 4-806The Commissioner may adopt regulations to carry out the provisions...§ 4-807A mutual holding company shall be subject to the provisions of Subtitles...§ 4-901Five or more adult individuals, each of whom is a resident of this...§ 4-902The incorporators of a subsidiary savings bank shall sign and acknowledge...§ 4-903If the Commissioner approves the articles of incorporation of the...§ 4-904When the articles of incorporation are filed for recording in accordance...§ 4-905Except as otherwise provided in this article, a subsidiary savings...§ 4-906A subsidiary savings bank may not do business until:§ 4-907After its articles of incorporation are filed for record and its...§ 4-908After providing for due or accrued expenses, losses, interest, and...§ 4-909The Commissioner may evaluate the assets of a subsidiary savings...§ 4-910A subsidiary savings bank may dissolve in accordance with § 3-803...§ 5-101In this title the following words have the meanings indicated.§ 5-201An examiner shall visit each banking institution and examine its...§ 5-202The Commissioner or deputy Commissioner may:§ 5-203The Commissioner shall impose annual assessments on each banking...§ 5-204Instead of making an examination under this subtitle, the Commissioner...§ 5-205The directors of a banking institution shall have a certified public...§ 5-206At least twice a year, the Commissioner shall ask every banking...§ 5-206.1Within 30 days of receipt, a national banking association located...§ 5-207At any time that the Commissioner considers necessary, the Commissioner...§ 5-208If a banking institution or an other–state bank fails to make any...§ 5-209Except as otherwise provided in this article, the Commissioner,...§ 5-210An examiner shall have access to all the records of a subsidiary...§ 5-301#VALUE!§ 5-302As to the interest bearing account of each depositor in a banking...§ 5-305If a deposit in a banking institution is made by and in the name...§ 5-306Except as provided in subsection (b) of this section, a banking...§ 5-307A banking institution is liable to the depositor for the loss of...§ 5-308A banking institution may not impose a service charge on any deposit...§ 5-309In this section, "payor institution" means a bank, credit union,...§ 5-310Any checks provided directly or indirectly by a banking institution...§ 5-401In this subtitle the following words have the meanings indicated.§ 5-402This subtitle does not:§ 5-403Subject to this section, a banking institution may have an affiliate...§ 5-404The Commissioner has the same authority to examine the business...§ 5-405Except as provided in this section, or otherwise expressly provided...§ 5-406The Commissioner has the same authority to examine the business...§ 5-407A banking institution may not permit any bank services to be performed...§ 5-503A banking institution may buy and hold real property only as provided...§ 5-504Notwithstanding any other provision of the laws or regulations of...§ 5-506Before a banking institution makes an unsecured loan of $10,000...§ 5-507If a banking institution rejects an application for a residential...§ 5-508If a banking institution holds a first mortgage on residential property...§ 5-509Each banking institution shall be a member of the Federal Deposit...§ 5-511Banking institutions may not have common directors unless the Commissioner...§ 5-512In this section the following words have the meanings indicated.§ 5-513In this section the following words have the meanings indicated.§ 5-601The board of directors of any banking institution may place the...§ 5-602If the Commissioner finds that the capital stock account of any...§ 5-603As long as the Commissioner has possession of a banking institution,...§ 5-604After the Commissioner takes possession of a banking institution,...§ 5-605Within a reasonable time after the Commissioner takes possession...§ 5-606The receiver may appoint any clerks needed to carry out the receivership....§ 5-607All money received by the receiver shall be deposited to the receiver’s...§ 5-608If the court appoints an attorney to advise the receiver, the receiver...§ 5-609Within 6 months after taking possession of any banking institution,...§ 5-610As long as an examiner is in possession of any banking institution,...§ 5-611The board of directors or the depositors representing not less than...§ 5-612The plan of reorganization shall be filed with the Commissioner.§ 5-613With the consent of the local governing body of any political subdivision...§ 5-614If the Federal Deposit Insurance Corporation is receiver of a banking...§ 5-615In the distribution of the general assets of a trust company that...§ 5-701In this subtitle the following words have the meanings indicated.§ 5-702For the purposes of this subtitle, the operation of an automated...§ 5-703Except as provided in subsection (b) of this section, a banking...§ 5-704Each banking institution shall be closed on Sunday.§ 5-705Subject to paragraph (2) of this subsection, each banking institution...§ 5-706Saturday is an optional bank holiday.§ 5-707In this section, "emergency" has the meaning stated in § 14-307...§ 5-708A banking institution shall be open for business or shall be closed...§ 5-801If the Commissioner believes that a director or officer of a banking...§ 5-802If the Commissioner believes that a banking institution or any of...§ 5-803An officer, director, or employee of a bank, trust company, or savings...§ 5-804An officer or employee of a banking institution may not accept a...§ 5-805A person may not willfully make, circulate, or send to another any...§ 5-806Except for a bank, trust company, savings bank, or savings and loan...§ 5-807A banking institution may not:§ 5-808The Commissioner may order any banking institution to cease and...§ 5-808.1After notice and a hearing, the Commissioner may assess a civil...§ 5-808.2In this section, "extraordinary circumstances" means a situation...§ 5-809On application by the Commissioner, a court of competent jurisdiction...§ 5-901In this subtitle the following words have the meanings indicated.§ 5-902This subtitle sets forth the conditions under which a bank holding...§ 5-903Except as otherwise expressly permitted by federal law, no bank...§ 5-904A bank holding company that proposes to make an acquisition under...§ 5-905In deciding whether to approve an application under § 5-904 of this...§ 5-906The Commissioner shall decide whether to approve an application...§ 5-907To the extent specified by the Commissioner by regulation or written...§ 5-908The Commissioner may enforce the provisions of this subtitle by...§ 5-909In order to carry out the purposes of this article, the Commissioner...§ 5-910If any provision of this subtitle or the application thereof to...§ 5-1001In this subtitle the following words have the meanings indicated.§ 5-1002This subtitle sets forth the conditions under which:§ 5-1003A banking institution or an out–of–state bank may establish a branch...§ 5-1004A banking institution may establish a branch in another state by...§ 5-1005Except as provided in subsection (b) of this section, a banking...§ 5-1006Subject to subsection (b) of this section, in deciding whether to...§ 5-1007The Commissioner shall decide whether to approve the establishment...§ 5-1008A banking institution that establishes a branch in another state...§ 5-1009Subject to § 5-1012 of this subtitle, the Commissioner shall have...§ 5-1010Subject to § 5-1012 of this subtitle, if the Commissioner finds...§ 5-1011Subject to § 5-1012 of this subtitle, the Commissioner may require...§ 5-1012With respect to the supervision, enforcement, and reporting requirements...§ 5-1013Except as provided in this section, the Commissioner may not approve...§ 5-1014An out-of-state bank that proposes to establish a branch in this...§ 5-1015If any provision of this subtitle or the application thereof to...§ 5-1101In this subtitle the following words have the meanings indicated.§ 5-1101.1The provisions of this subtitle which authorize an out-of-state...§ 5-1102This subtitle sets forth the conditions under which an out-of-state...§ 5-1103An out-of-state bank holding company may acquire one or more savings...§ 5-1104If the Commissioner deems it appropriate in order to consummate...§ 5-1105Except as provided in subsections (b), (c), (d), and (e) of this...§ 5-1106Notwithstanding any other provisions of law to the contrary, the...§ 5-1107Upon and after the acquisition of each savings and loan association...§ 6-101In this title the following words have the meanings indicated.§ 6-201Except as otherwise indicated in this title, Titles 3 through 5...§ 6-202Credit unions are subject to the supervision of the Commissioner.§ 6-203A credit union incorporated under the laws of this State, including...§ 6-204A credit union may exercise all the rights, privileges, and incidental...§ 6-205#VALUE!§ 6-206This title may be cited as the Maryland Credit Union Act.§ 6-301In this section, "organization" includes any trade, profession,...§ 6-302In this section, "immediate family relative" means:§ 6-303Subject to the provisions of § 6-301(c) and (e) of this subtitle,...§ 6-304A credit union may convert to another field of membership type,...§ 6-305The incorporators shall sign and acknowledge three copies of articles...§ 6-306The incorporators shall adopt bylaws for the credit union and shall...§ 6-307The incorporators shall:§ 6-308If the Commissioner approves the articles and bylaws, the incorporators...§ 6-309When filing the articles of incorporation and bylaws with the Commissioner...§ 6-312In addition to the powers set forth elsewhere in this title, a credit...§ 6-313Notwithstanding any other provision of the laws or regulations of...§ 6-314Without being required to take any action to perfect a lien, a credit...§ 6-317The annual meeting of the members shall be held as provided by the...§ 6-318The provisions of this section do not apply to:§ 6-319Subject to the applicable provisions of the bylaws, the board may...§ 6-320The board may amend the articles of incorporation only if the members...§ 6-321The board:§ 6-324The board shall have the authority and responsibility for the business...§ 6-325Each credit union shall have at least five directors.§ 6-326The office of a director becomes vacant if the director:§ 6-327If the bylaws provide, a director emeritus may advise and consult...§ 6-328In addition to any power or duty provided for by law, the board...§ 6-329Subject to the provisions of this section, the directors may be...§ 6-330Within 15 days after the annual meeting of the members and after...§ 6-331In this section, "compensation" means anything of value given to...§ 6-332A board may call a special meeting of the members to act on a report...§ 6-333The board shall prepare a plan for educating each official as to...§ 6-401Each credit union shall have a supervisory committee.§ 6-402The supervisory committee is responsible for ensuring that the officials...§ 6-403In this section, "examiner" means:§ 6-404On or before March 31 of each year, each credit union shall report...§ 6-405If the Commissioner finds that the supervisory committee of a credit...§ 6-406The board may call a meeting of the members of the credit union...§ 6-407In order to carry out the purposes of this title, the Commissioner...§ 6-501As to each interest bearing or share account of each member or depositor...§ 6-502Except as otherwise provided in this section, the board may declare...§ 6-503Any share drafts or checks provided directly or indirectly by a...§ 6-601Subject to the provisions of this subtitle, a credit union may make...§ 6-602If the bylaws so provide, a credit union may have a credit committee.§ 6-603Except as provided in subsection (b) of this section, and in § 6-328...§ 6-604The total of all loans made by a credit union directly or indirectly...§ 6-605A credit union may make a loan, including a business loan, to a...§ 6-606A credit union may make a loan to a member that is secured by real...§ 6-607Subject to the provisions of subsection (b) of this section, a credit...§ 6-608A credit union may make a loan that is insured or guaranteed by...§ 6-609In this section the following words have the meanings indicated.§ 6-610A credit union may make a loan to an official of the credit union...§ 6-611A credit union may not make a loan to any person except:§ 6-701Each credit union incorporated under the laws of this State shall:§ 6-702A credit union is subject to the provisions of 12 C.F.R., Part 702...§ 6-703In this section, "risk assets" means a credit union’s total loans...§ 6-704A credit union shall maintain an allowance for loan and lease loss...§ 6-705The assets of a credit union that are not committed for loans may...§ 6-706With the prior approval of the Commissioner, as required under subsection...§ 6-707In addition to any other investment authorized under this subtitle,...§ 6-708Subject to the provisions of paragraph (2) of this subsection, a...§ 6-709A credit union may change its place of business on written notice...§ 6-710The fiscal year of each credit union ends at the close of business...§ 6-711A credit union shall post its hours of operation prominently in...§ 6-712This section applies only to a credit union with assets of $300,000...§ 6-713If a credit union files an application with the Maryland Insurance...§ 6-714As approved by the Commissioner, a credit union may enter into marketing...§ 6-715A credit union shall keep the books and records that the Commissioner...§ 6-801Any State credit union may convert into a federal credit union as...§ 6-802Any credit union organized under the laws of any other state or...§ 6-803In this section the following words have the meanings indicated.§ 6-804Any credit union may dissolve voluntarily, if the board, the members...§ 6-805Any credit union voluntarily may place its business and assets in...§ 6-806With the approval of the Commissioner, a credit union may purchase...§ 6-807A credit union may establish a branch in the State in accordance...§ 6-808An out-of-state credit union shall provide the Commissioner, within...§ 6-809A credit union may require not more than 60 days’ notice of a member’s...§ 6-901Except for a credit union authorized to do business in this State,...§ 6-902A person may not willfully make, circulate, or send to another person...§ 6-903An officer, official, or employee of a credit union may not willfully...§ 6-904An officer or official who in any way knowingly permits or participates...§ 6-905The Commissioner may order a credit union, or enter into an agreement...§ 6-906The Commissioner shall order any credit union to cease and desist...§ 6-906.1After notice and a hearing, the Commissioner may assess a civil...§ 6-906.2In this section, "extraordinary circumstances" means a situation...§ 6-907If the Commissioner believes that an officer or official has engaged...§ 6-908If the Commissioner believes that any officer, official, agent,...§ 6-909Except as otherwise provided in this article, the Commissioner and...§ 7-101In this subtitle the following words have the meanings indicated.§ 7-102There is a Credit Union Insurance Corporation, established as a...§ 7-103The purposes of the Corporation are to:§ 7-104The Corporation exercises its powers and performs its duties subject...§ 7-105The Corporation shall insure and guarantee the share and deposit...§ 7-106Subject to the provisions of Part III of this subtitle, any credit...§ 7-107A credit union becomes a member of the Corporation when:§ 7-108In the election of directors and in voting on any other matter at...§ 7-109The powers of the Corporation shall be exercised by its Board of...§ 7-110The Board of Directors of the Corporation:§ 7-111The Board of Directors of the Corporation shall adopt bylaws for...§ 7-112The Corporation may require independent audits and investigations...§ 7-113This section applies notwithstanding any other provisions of law.§ 7-114The net earnings of the Corporation shall be accumulated and may...§ 7-115The Corporation, its members, and persons who have share and deposit...§ 7-116The Corporation is exempt from all taxes imposed by this State or...§ 7-117This title does not, and the Corporation may not, pledge the faith...§ 7-118The Corporation may not accept an application from a credit union...§ 7-119A credit union that is a member of the Corporation shall obtain...§ 7-120In this section, "assets" means:§ 7-121The Commissioner may require the Corporation to provide any information...§ 7-201In this subtitle the following words have the meanings indicated.§ 7-202The provisions of this subtitle do not apply to the Credit Union...§ 7-203A person may not conduct business as a credit union share guaranty...§ 7-204A credit union share guaranty corporation shall insure and guarantee...§ 7-205To qualify for a certificate of authority under this subtitle, an...§ 7-206To apply for a certificate of authority, an applicant shall sign...§ 7-207When an applicant for a certificate of authority files the application...§ 7-208If an application for a certificate of authority is denied, the...§ 7-209The Commissioner may suspend or revoke the certificate of authority...§ 7-210The Commissioner:§ 7-211A credit union share guaranty corporation shall pay all reasonable...§ 7-212On or before April 1 of each year, unless the Commissioner extends...§ 7-213This section applies notwithstanding any other provision of law.§ 7-214A credit union share guaranty corporation shall have a written contract...§ 7-215A credit union share guaranty corporation shall provide written...§ 7-216Except as provided in paragraph (2) of this subsection, a credit...§ 7-217A credit union share guaranty corporation shall establish reserves...§ 7-218The Commissioner shall give prompt notice to the applicable credit...§ 7-219A credit union share guaranty corporation may terminate the participation...§ 7-220A person who violates any provision of this subtitle is guilty of...§ 7-221Nothing in this subtitle creates any liability on the State for...§ 7-222A credit union share guaranty corporation, its participating credit...§ 7-223A credit union share guaranty corporation that is a nonprofit corporation...§ 7-224The Commissioner may adopt rules and regulations to carry out this...§ 8-101In this title and in Title 9, the following words have the meanings...§ 8-102In Titles 8 and 9 of this article the policy of this State is to...§ 8-103Subject to the evaluation and reestablishment provisions of the...§ 8-301There is a Division of Savings and Loan Associations in the Department...§ 8-302The Secretary of Labor, Licensing, and Regulation shall appoint...§ 8-303The Division Director shall adopt regulations necessary to accomplish...§ 8-305With the approval of the Secretary, the Division Director may appoint...§ 8-306Before taking office, the Division Director shall take the oath...§ 8-307The Division Director shall devote full time to the duties of the...§ 8-308After notifying the Secretary, the Division Director may:§ 8-309On June 30 of each year, or at the discretion of the Division Director...§ 8-310Subject to the evaluation and reestablishment provisions of the...§ 8-401The Division Director may issue orders:§ 8-402Unless issued under § 8-401(e) of this subtitle, an order issued...§ 8-403Any party aggrieved by a final order of the Division Director may...§ 8-404Subject to the evaluation and reestablishment provisions of the...§ 9-101In this title the following words have the meanings indicated.§ 9-102Only a corporation that complies with this title and § 1-201 of...§ 9-201A savings and loan association shall be organized for the purpose...§ 9-202Subject to the provisions of this subtitle, five or more adult individuals,...§ 9-203The name of a savings and loan association:§ 9-204The articles of incorporation of a savings and loan association...§ 9-205To organize as a savings and loan association, the incorporators...§ 9-206On receipt of the items listed in § 9-205 of this subtitle, the...§ 9-207The Division Director shall determine from the available information...§ 9-208The Division Director may require any change in the proposed articles...§ 9-208.1Except as provided in subsection (b) of this section, the Division...§ 9-209On final approval of the articles of incorporation by the Division...§ 9-210In this section, "business" means receiving funds or making loans.§ 9-211The charter of a savings and loan association may be amended as...§ 9-212A savings and loan association that forfeits its charter may revive...§ 9-213At the written request of the Division Director, a savings and loan...§ 9-216In this section the following words have the meanings indicated.§ 9-216.1To organize as a savings and loan association, the chairman of the...§ 9-217The chairman of the incorporators shall deliver to the Division...§ 9-218The incorporators of a savings and loan association shall deliver...§ 9-220The incorporators of a savings and loan association shall deliver...§ 9-221The incorporators of a capital stock association shall have subscriptions...§ 9-222A capital stock association may use paid-in surplus if the expense...§ 9-223If the attempt to incorporate a savings and loan association is...§ 9-224Notwithstanding any other provision of any law or regulation or...§ 9-301A member of a savings and loan association means a holder, as shown...§ 9-302The business and affairs of a savings and loan association shall...§ 9-303Except as otherwise provided by the charter or bylaws, each member...§ 9-304A savings and loan association shall notify each member of the time...§ 9-305At any meeting of the members of a savings and loan association:§ 9-306A statement of the financial condition of a savings and loan association...§ 9-307Each director, officer, and controlling person of a savings and...§ 9-308A savings and loan association shall provide a fidelity bond, in...§ 9-309A savings and loan association may not establish or relocate any...§ 9-310In this section, "electronic terminal" means an automated electronic...§ 9-311A savings and loan association shall have a president, a secretary,...§ 9-312Except as otherwise provided in the bylaws, the board of directors...§ 9-313If its charter or bylaws provide, a savings and loan association...§ 9-314Only a deposit association may issue savings deposit accounts.§ 9-315The holder of a savings deposit account in a savings and loan association...§ 9-316If a savings and loan association becomes a deposit association:§ 9-319If its charter provides, a savings and loan association may issue...§ 9-320A capital stock association:§ 9-321If the Division Director approves a plan of issuance under subsection...§ 9-322Capital stock shall:§ 9-323Every stock association shall at all times keep an up-to-date list...§ 9-324For the purposes of this section, "net worth" includes:§ 9-328Subject to regulation of the Division Director, the board of directors...§ 9-329In any distribution of assets on liquidation of a savings and loan...§ 9-401A savings and loan association may classify its savings accounts...§ 9-402In accordance with rules and regulations of the Division Director,...§ 9-403As to the interest bearing account of each depositor in a savings...§ 9-404Subject to this title and its bylaws, a savings and loan association...§ 9-405Dividends or interest on a savings certificate account or other...§ 9-406Except as required by subsection (b) of this section, a savings...§ 9-407As to any savings account that has a withdrawal value of less than...§ 9-408At any time, a holder of a savings account in a savings and loan...§ 9-412.1Any checks or drafts provided directly or indirectly by a savings...§ 9-416Except as provided in subsection (b) of this section, a savings...§ 9-419Subject to § 9-420 of this subtitle and the regulations of the Division...§ 9-420An association may not, directly or indirectly, grant loans to any...§ 9-421In accordance with the regulations of the Division Director, a savings...§ 9-422A savings and loan association shall take title to all its investments...§ 9-423If a savings and loan association holds an investment that was permitted...§ 9-424A savings and loan association may require a borrower to pay all...§ 9-425A savings and loan association may:§ 9-426If the Division Director approves its application, a savings and...§ 9-428With the written approval of the Division Director, a savings and...§ 9-501In this subtitle, "savings and loan association" includes a service...§ 9-502(i)At least once every year and at any other time that the Division...§ 9-503The Division Director and any examiner from, or agent of, the Division...§ 9-504Except as provided in this section, the Division Director and any...§ 9-505Within 30 days of adoption, a federal association located in the...§ 9-601A mutual association may convert to a capital stock association...§ 9-602To convert to a capital stock association, a mutual association...§ 9-603A proposed plan of conversion to a capital stock association shall...§ 9-604The Division Director:§ 9-605Within 60 days of the filing of an application, if the Division...§ 9-606On receipt of the Division Director’s letter of preliminary approval,...§ 9-607A proposed plan of conversion to a capital stock association and...§ 9-608The board of directors of the converting association shall deliver...§ 9-609Any applicant aggrieved by the action or nonaction of the Division...§ 9-610After the final order of approval, the board of directors of the...§ 9-611In this section, "savings and loan association" means a savings...§ 9-612In this section, "savings and loan association" means a savings...§ 9-613A Maryland savings and loan association may convert to a federal...§ 9-614If a savings and loan association wishes to convert to a federal...§ 9-615A proposal to convert to a federal association requires approval...§ 9-618A federal association may convert to a Maryland savings and loan...§ 9-619A proposal to convert to a Maryland savings and loan association...§ 9-620To convert to a Maryland savings and loan association, the board...§ 9-621When the Division Director receives the items listed in § 9-620...§ 9-622The Division Director shall approve an application if the Division...§ 9-623The Division Director may require any change in the proposed articles...§ 9-624On final order of approval of the articles of incorporation by the...§ 9-627A savings and loan association may consolidate with, merge with...§ 9-628A savings and loan association may effect a statutory merger into...§ 9-629A savings and loan association may reorganize, partially liquidate,...§ 9-630To consolidate, merge, transfer assets, effect a statutory merger,...§ 9-631A capital stock savings and loan association may convert to a commercial...§ 9-632To convert to a commercial bank, a capital stock savings and loan...§ 9-633The Commissioner:§ 9-634Within 60 days of the filing of an application, if the Commissioner...§ 9-635On receipt of the Commissioner’s letter of preliminary approval,...§ 9-636A proposed plan of conversion to a commercial bank and proposed...§ 9-637The board of directors of the converting association shall deliver...§ 9-638Any applicant aggrieved by the action or nonaction of the Commissioner...§ 9-639After the final order of approval, the board of directors of the...§ 9-640Except as provided in subsections (b), (c), and (d) of this section,...§ 9-701With the prior written approval of the Secretary, the Division Director...§ 9-702A conservator shall endeavor to correct the irregularities in the...§ 9-703If a court appoints a conservator, each director, officer, and employee...§ 9-704A savings and loan association shall pay the expenses of operation...§ 9-708With the prior written approval of the Secretary, the Division Director...§ 9-709The Federal Savings and Loan Insurance Corporation or the State...§ 9-710Notwithstanding any other provision of law and to the maximum extent...§ 9-711The circuit court administering a conservatorship or receivership...§ 9-712In this section, savings and loan association includes its affiliates,...§ 9-801In this subtitle, "foreign association" means any savings and loan...§ 9-802Except as provided under subsection (b) of this section, a foreign...§ 9-803Subject to § 9-309 of this title and the approval of the Division...§ 9-804For the purposes of this article and the Corporations and Associations...§ 9-805Except for a foreign association incorporated under the laws of...§ 9-901A savings and loan association shall become and participate as a...§ 9-902If a savings and loan association rejects an application for a residential...§ 9-903If a savings and loan association holds a first mortgage on residential...§ 9-904The sale of savings accounts of any savings and loan association...§ 9-905The Division Director shall regulate promotional activities by savings...§ 9-906An association or related entity may not require as a condition...§ 9-908Subject to the evaluation and reestablishment provisions of the...§ 9-909In this section, "payor institution" means a bank, credit union,...§ 9-911Except with the written consent of the Division Director, a person...§ 9-912Any director, officer, controlling person, or employee of a savings...§ 9-913Except as otherwise provided in this section and in this title,...§ 9-914A controlling person, officer, or director may not withdraw funds...§ 9-915In any appeal of an order of the Division Director under this title...§ 9-916Notwithstanding any provision of law, a savings and loan association,...§ 9-917In the interpretation and construction of this title and Title 8...§ 9-918On June 1, 1992 any savings and loan association that is chartered...§ 9-1001In this subtitle the following words have the meanings indicated.§ 9-1002This subtitle sets forth the conditions under which an out-of-state...§ 9-1003An out-of-state savings and loan holding company not having a Maryland...§ 9-1004An out-of-state association that has not acquired a Maryland association...§ 9-1005Except as expressly permitted by federal law or Title 5, Subtitle...§ 9-1006An interstate association or an out-of-state savings and loan holding...§ 9-1007The Division Director may enter into cooperative agreements with...§ 9-1008It is the purpose of this subtitle to permit orderly development...§ 9-1009An out-of-state association’s status as an out-of-state association...§ 9-1101In this subtitle, "mutual association" means an association that:§ 9-1102A mutual association may convert to a credit union if:§ 9-1103If a mutual association wishes to convert to a credit union, the...§ 9-1104A proposed plan of conversion to a credit union shall be approved...§ 9-1105To convert to a credit union, the mutual association shall deliver...§ 9-1106In reviewing an application for conversion, the Commissioner shall...§ 9-1107On approval of the application for conversion, the applicant shall...§ 9-1108The Commissioner may require any changes to the application or exhibits...§ 9-1109In addition to membership authorized in § 6-302 of this article,...§ 10-101In this title the following words have the meanings indicated.§ 10-102There is a State of Maryland Deposit Insurance Fund Corporation...§ 10-103The Fund Director is appointed by the Governor.§ 10-103.1The function of the Board of Directors is advisory.§ 10-104The Fund Director may employ a staff in accordance with the State...§ 10-105The Fund Director exercises powers and performs duties subject to...§ 10-106The Fund Director shall adopt an official seal. A description and...§ 10-107#VALUE!§ 10-108The Fund Director may not:§ 10-109Except as provided in subsection (b) of this section, the Fund Director...§ 10-110(i)The moneys of the State of Maryland Deposit Insurance Fund Corporation...§ 10-110.1Upon final liquidation of a member association, the Fund Director...§ 10-110.2Any moneys advanced by the State to the Fund from general or special...§ 10-111Any association or the incorporators of a proposed association may...§ 10-112An association becomes a member when its application is approved...§ 10-113The Fund Director shall adopt rules and regulations to carry out...§ 10-114Section 9-504 of this article does not prevent the Division Director...§ 10-115The Fund is not subject to the Insurance Article.§ 10-116It is the policy of this State that funds will be appropriated to...§ 10-117A major association is not eligible for new or continued membership...§ 10-118An association that is not a major association and had total assets...§ 10-119Any person who knowingly submits false information to the Fund is...§ 10-120In addition to any other remedies available at law or equity, the...§ 10-121The Fund shall have the immunity from liability described under...§ 11-101In this section the following words have the meanings indicated.§ 11-201In this subtitle the following words have the meanings indicated.§ 11-202The Maryland Consumer Loan Law does not change any powers conferred...§ 11-203The Commissioner may adopt rules and regulations to carry out the...§ 11-204Unless a person is licensed by the Commissioner, the person may...§ 11-205To qualify for a license, an applicant shall satisfy the Commissioner...§ 11-206To apply for a license, an applicant shall sign and submit to the...§ 11-207When an applicant for a license files the application and bond and...§ 11-208The Commissioner shall include on each license:§ 11-209A license issued before September 30, 1997 expires on the June 30...§ 11-210A license is not transferable.§ 11-211A licensee may not change the place of business for which a license...§ 11-213Each licensee shall keep:§ 11-214To discover any violations of the Maryland Consumer Loan Law, the...§ 11-215Subject to the hearing provisions of § 11-217 of this subtitle,...§ 11-216Subject to the hearing provisions of § 11-217 of this subtitle,...§ 11-217Before the Commissioner takes any action under § 11-215 or § 11-216(a)...§ 11-218Any applicant for a license or any licensee who is aggrieved by...§ 11-219A licensee may not sell a loan account to any person who is not...§ 11-220The Commissioner shall report to the appropriate State’s Attorney...§ 11-221This subtitle shall be interpreted and construed to effectuate its...§ 11-222Any person who violates any provision of § 11-204(a) of this subtitle...§ 11-223This subtitle may be cited as the Maryland Consumer Loan Law --...§ 11-301This subtitle does not apply to any loan or extension of credit:§ 11-302In this section, "installment loan" means a loan or extension of...§ 11-303A license under this subtitle shall be applied for and issued in...§ 11-304Any person who violates any provision of this subtitle is guilty...§ 11-401In this subtitle the following words have the meanings indicated.§ 11-402The licensing provisions of this subtitle do not apply to any banking...§ 11-403Except as otherwise provided in this subtitle, a person may not...§ 11-404To apply for a license, an applicant shall sign and submit to the...§ 11-405The Commissioner may deny an application if the applicant or any...§ 11-406In addition to the investigation fee required by § 11-404 of this...§ 11-407The Commissioner shall approve or deny each application for a license...§ 11-408The Commissioner shall include on each license that the Commissioner...§ 11-409A license issued on or before September 30, 1997 expires on December...§ 11-410A license is not transferable.§ 11-411If a licensee changes the place of business, the licensee immediately...§ 11-412A licensee may surrender the license by delivering to the Commissioner...§ 11-413The Commissioner may not examine or audit any licensee or other...§ 11-414Subject to the hearing provisions of § 11-415 of this subtitle,...§ 11-415Before the Commissioner takes any action under § 11-414 of this...§ 11-416Any person aggrieved by a decision of the Commissioner to deny an...§ 11-417The surrender, suspension, or revocation of a license does not impair...§ 11-418A person may not knowingly:§ 11-419Any person who violates or participates in the violation of any...§ 11-501In this subtitle the following words have the meanings indicated.§ 11-502In this section, "affiliate" means any company that controls, is...§ 11-503The Commissioner may adopt rules and regulations to carry out the...§ 11-503.1The Commissioner shall set by regulation the fees provided for in...§ 11-504A person may not act as a mortgage lender unless the person is:§ 11-505A license issued under this subtitle authorizes the licensee to...§ 11-506To qualify for a license, an applicant shall satisfy the Commissioner...§ 11-506.1This section shall not apply to any corporation the securities of...§ 11-507To apply for a license, an applicant shall complete, sign, and submit...§ 11-508An applicant for a new license or for the renewal of a license shall...§ 11-508.1An applicant for a new license or for the renewal of a license shall...§ 11-509When an applicant for a license files the application and bond and...§ 11-510If an applicant does not meet the requirements of this subtitle,...§ 11-511Subject to any regulations the Commissioner adopts in connection...§ 11-511.1By July 1, 2000, the Commissioner shall adopt regulations that set...§ 11-512A licensee may not change the place of business for which a license...§ 11-513Each licensee shall keep and make available to the Commissioner...§ 11-513.1A licensee shall submit to the Nationwide Mortgage Licensing System...§ 11-514A licensee may surrender a license by sending to the Commissioner...§ 11-515The Commissioner shall examine the business of each licensee:§ 11-516If the Commissioner finds that the conduct of any other business...§ 11-517Subject to the hearing provisions of § 11-518 of this subtitle,...§ 11-518Before the Commissioner takes any action under § 11-516 or § 11-517...§ 11-519The Commissioner may reinstate a suspended license or issue a new...§ 11-520A mortgage lender may not do business under any trade name that...§ 11-521A mortgage lender shall require a borrower to provide the mortgage...§ 11-523Any person who willfully violates any provision of this subtitle...§ 11-524This subtitle may be cited as the Maryland Mortgage Lender Law.§ 11-601In this subtitle the following words have the meanings indicated.§ 11-602The licensing provisions of this subtitle do not apply to independent...§ 11-603A license issued under this subtitle authorizes the licensee to...§ 11-603.1In this section, "affiliated insurance producer–mortgage loan originator"...§ 11-604To apply for a license, an applicant shall complete, sign, and submit...§ 11-605The Commissioner may not issue a mortgage loan originator license...§ 11-605.1Subject to subsections (b) through (g) of this section, the Commissioner...§ 11-606To qualify for an initial license, an applicant shall complete at...§ 11-606.1To qualify for an initial license, an applicant shall pass a qualified...§ 11-607When an applicant for a license files the application and pays the...§ 11-608If the Commissioner denies an application, the Commissioner:§ 11-609Subject to any regulations the Commissioner adopts in connection...§ 11-610There is a Mortgage Lender-Originator Fund that consists of:§ 11-611Beginning in fiscal year 2006, the Governor shall appropriate in...§ 11-612Before applying for renewal of a license, a licensee shall complete...§ 11-612.1The Commissioner shall set by regulation the fees provided for in...§ 11-613Any person aggrieved by the conduct of a licensee under this subtitle...§ 11-614If the Commissioner finds that the conduct of any other business...§ 11-615Subject to the hearing provisions of § 11–616 of this subtitle,...§ 11-616Before the Commissioner takes any action under § 11-614 or § 11-615...§ 11-617Any person who willfully violates the provisions of this subtitle...§ 11-618The employment of a mortgage originator licensed under this subtitle...§ 11-619Each mortgage loan originator shall be covered by a surety bond...§ 11-620Except as otherwise provided in 12 U.S.C. § 5111, the requirements...§ 11-621Nonfederally insured credit unions that employ mortgage loan originators...§ 11-622Notwithstanding §§ 10–611 through 10–628 of the State Government...§ 11-623The unique identifier of a mortgage loan originator shall be clearly...§ 12-101In this subtitle the following words have the meanings indicated.§ 12-102This subtitle does not apply to check cashing services:§ 12-103This subtitle does not apply to:§ 12-104The Commissioner may adopt regulations to carry out the provisions...§ 12-105Except as provided in § 12-102(a) of this subtitle, a person may...§ 12-106To qualify for a license, an applicant shall satisfy the Commissioner...§ 12-107With an application and at any other time the Commissioner requires,...§ 12-108To apply for a license, an applicant shall submit to the Commissioner...§ 12-109When an applicant for a license files the application and pays the...§ 12-110The Commissioner shall include on each license:§ 12-111A license expires on December 31 in each odd-numbered year unless...§ 12-112A license is not transferable.§ 12-113A licensee may not change the place of business for which a license...§ 12-114A licensee shall keep the books and records that the Commissioner...§ 12-115At any time and as often as the Commissioner considers appropriate,...§ 12-116Before a licensee deposits a payment instrument in or presents a...§ 12-117A licensee shall comply with all federal and State laws concerning...§ 12-118A licensee shall conspicuously post, in 48 point or larger type,...§ 12-119A licensee shall pay a customer, in United States currency, the...§ 12-120Except as provided in § 15-802(b) of the Commercial Law Article...§ 12-121Subject to the hearing provisions of § 12-123 of this subtitle,...§ 12-122Subject to the hearing provisions of § 12-123 of this subtitle,...§ 12-123Before the Commissioner takes any action under § 12-121, § 12-122,...§ 12-124The Commissioner shall report to the appropriate State’s Attorney...§ 12-125A person who knowingly violates this subtitle is guilty of a misdemeanor...§ 12-126The Commissioner may impose a civil penalty against a person who...§ 12-127A person who is injured by a violation of this subtitle may file...§ 12-201In this subtitle the following words have the meanings indicated.§ 12-207Except as provided in subsection (b) of this section, a foreign...§ 12-208To apply for a permit for an office, a foreign banking corporation...§ 12-209On application for a permit, the Commissioner shall issue the permit,...§ 12-210A permit expires on the third anniversary of its effective date,...§ 12-211The Commissioner shall set the application and renewal fees in amounts...§ 12-401In this subtitle the following words have the meanings indicated.§ 12-402The provisions of this subtitle do not apply to:§ 12-403To carry out the provisions of this subtitle, the Commissioner may:§ 12-404In this section, "Fund" means the Money Transmission Fund established...§ 12-405A person may not engage in the business of money transmission if...§ 12-406To qualify for a license, an applicant shall satisfy the Commissioner...§ 12-407To apply for a license, an applicant shall complete and submit to...§ 12-408This section does not apply to any corporation the securities of...§ 12-409After the filing of a complete application, the Commissioner shall...§ 12-410The Commissioner shall include on each license:§ 12-411A license issued under this subtitle expires on December 31 of each...§ 12-412In this section, "trust company" has the meaning stated in § 1-101...§ 12-413Each authorized delegate that a licensee appoints under a license...§ 12-414An authorized delegate may not make any fraudulent or false statement...§ 12-415A licensee may not change the place of business for which a license...§ 12-416Within 45 days of the end of each calendar semiannual period ending...§ 12-417A licensee shall comply with all federal and State laws and regulations...§ 12-418Subject to the provisions of paragraph (2) of this subsection, a...§ 12-419The original buyer of a payment instrument may request a duplicate...§ 12-420Except as permitted by § 17-308.1 of the Commercial Law Article,...§ 12-421If the Commissioner finds that the books, records, and accounting...§ 12-422A licensee may surrender a license by sending to the Commissioner...§ 12-423To discover any violations of this subtitle or to obtain any information...§ 12-424The Commissioner may conduct an on-site examination of a licensee...§ 12-425Each licensee shall make and preserve the following books, accounts,...§ 12-426Subject to the hearing provisions of § 12-428 of this subtitle,...§ 12-427A person that engages in the business of money transmission is subject...§ 12-428Before the Commissioner denies an application for a license under...§ 12-429The State’s Attorney for the county in which the violation occurs...§ 12-430Any person who knowingly and willfully violates any provision of...§ 12-431#VALUE!§ 12-601In this subtitle the following words have the meanings indicated.§ 12-602In this section, "fiduciary" includes the fiduciary’s successor.§ 12-603If the lessee of a safe-deposit box dies and, before a personal...§ 12-604In a contract governing the use of a safe-deposit box by a customer,...§ 12-701A financial institution may apply to the Commissioner to be supervised...§ 12-702To qualify for supervision and examination, the applicant shall...§ 12-703To apply for supervision and examination under this subtitle, an...§ 12-704Any financial institution supervised and examined under this subtitle...§ 12-705If the Commissioner believes that a financial institution supervised...§ 12-706If the Commissioner takes any action under § 12-705(b) of this subtitle,...§ 12-707Any person who is aggrieved by any decision or finding of the Commissioner...§ 12-708The Commissioner, not more often than once per year, may impose...§ 12-709The Commissioner may adopt regulations to carry out the provisions...§ 12-801It is the purpose of this subtitle to require certain reports and...§ 12-802In this subtitle the following words have the meanings indicated.§ 12-803A financial institution shall keep a record of currency transactions...§ 12-804The Department of Public Safety and Correctional Services and the...§ 12-805The Secretary may assess a civil penalty against any financial institution...§ 12-806If the information required by § 12-803(a) of this subtitle has...§ 12-901In this subtitle the following words have the meanings indicated.§ 12-902This subtitle does not apply to:§ 12-903To carry out the provisions of this subtitle, the Commissioner may:§ 12-904The Commissioner shall charge:§ 12-905There is a Debt Management Services Fund that consists of:§ 12-906Whether or not the person maintains an office in this State, a person...§ 12-907To qualify for a license, an applicant shall satisfy the Commissioner...§ 12-908To apply for a license, an applicant shall submit to the Commissioner...§ 12-909In connection with an initial application, a renewal application,...§ 12-910After an applicant for a license files a complete application, files...§ 12-911The Commissioner shall include on each license:§ 12-912A license issued under this subtitle expires on December 31 of each...§ 12-913A licensee may surrender a license by sending to the Commissioner...§ 12-914With the application for a new or renewal license, the applicant...§ 12-915A licensee shall give the Commissioner written notice of any change...§ 12-916A licensee may not perform debt management services for a consumer...§ 12-917Within 2 business days after receipt, a licensee shall deposit,...§ 12-918With respect to the provision of debt management services, a licensee...§ 12-919A licensee shall provide to each consumer with whom the licensee...§ 12-920A licensee may not:§ 12-921On or before April 30 of each year, a licensee shall report to the...§ 12-922To enable the Commissioner to determine compliance with this subtitle,...§ 12-923To discover any violations of this subtitle or to obtain any information...§ 12-924The Commissioner may conduct an on-site examination of a licensee...§ 12-925A licensee shall include in any advertisement the licensee’s debt...§ 12-926Except as provided in subsection (c) of this section, and subject...§ 12-927Before the Commissioner denies an application for a license under...§ 12-928The Commissioner may enforce the provisions of this subtitle and...§ 12-929A person who knowingly and willfully violates any provision of this...§ 12-930In addition to any other remedies provided in this subtitle, a consumer...§ 12-931This subtitle may be cited as the Maryland Debt Management Services...§ 13-801In this subtitle the following words have the meanings indicated,...§ 13-802The Maryland State ceiling shall be initially allocated for the...§ 13-803Except as specifically provided in this section, an issuer receiving...§ 13-804On September 15 of each calendar year, each issuer shall submit...§ 13-805All allocations of the Maryland State ceiling previously made during...§ 13-806The recipients of the proceeds of bonds shall make best efforts...§ 13-807The Secretary may make any and all allocations, apportionments,...§ 13-1001In this subtitle the following words have the meanings indicated.§ 13-1002The General Assembly makes the following findings:§ 13-1003This subtitle:§ 13-1004There is a body corporate and politic known as the Canal Place Preservation...§ 13-1005The Authority consists of:§ 13-1006Five members of the Authority are a quorum.§ 13-1007With the approval of the Governor, the Authority shall appoint an...§ 13-1008In addition to the powers set forth elsewhere in this subtitle,...§ 13-1008.1The Authority may adopt and enforce regulations for the parking...§ 13-1009This section does not affect the right of the Authority to acquire...§ 13-1010The Authority shall:§ 13-1011Subject to § 13-1012 of this subtitle, within 18 months after the...§ 13-1012At least 30 days before submitting a management plan to the Maryland...§ 13-1013Within 90 days after receipt from the Authority of a management...§ 13-1014Except as provided in subsection (b) of this section and notwithstanding...§ 13-1015The City of Cumberland shall submit to the Authority for review...§ 13-1016For the purpose of reviewing the development of the management plan...§ 13-1017There is a Canal Place Preservation and Development Authority Financing...§ 13-1018Subject to this part, the Authority may at any time and from time...§ 13-1019The bonds of any issue shall be payable solely from the property...§ 13-1020The bonds that the Authority issues shall:§ 13-1021Any resolution or trust agreement the Authority adopts or enters...§ 13-1022A pledge by the Authority of revenues as security for an issue of...§ 13-1023No member of the Authority nor any person executing the bonds shall...§ 13-1024The Authority may issue bonds to refund any of its bonds then outstanding,...§ 13-1025The Authority may enter into agreements with agents, banks, insurers,...§ 13-1026The bonds of the Authority, their transfer, the interest payable...§ 13-1027The Authority is exempt:§ 13-1028For purposes of applying for, receiving, and entering into agreements...§ 13-1029Any unit of the State government that conducts or supports activities...§ 13-1030If the Board of Public Works finds that the Authority or the City...§ 13-1031This subtitle may be cited as the Canal Place Preservation and Development...§ 13-1101In this subtitle the following words have the meanings indicated.§ 13-1102This subtitle:§ 13-1103There is a Maryland Heritage Areas Authority, established as:§ 13-1104The Authority consists of:§ 13-1105Nine voting members of the Authority are a quorum.§ 13-1106In accordance with the State budget, the Maryland Historical Trust...§ 13-1107In addition to the powers set forth elsewhere in this subtitle,...§ 13-1108The Authority shall:§ 13-1109There is a Maryland system of recognized heritage areas and certified...§ 13-1110The Authority may consider proposals submitted by local jurisdictions...§ 13-1111The Authority may consider proposals submitted by the local jurisdictions...§ 13-1112The State officials under items (i) through (vii) of this subsection...§ 13-1113As provided in the State budget, the Authority may award:§ 13-1114There is a Maryland Heritage Areas Authority Financing Fund.§ 13-1115Subject to this part, the Authority may at any time and from time...§ 13-1116The bonds of any issue shall be payable solely from the property...§ 13-1117The bonds that the Authority issues shall:§ 13-1118Any resolution or trust agreement the Authority adopts or enters...§ 13-1119A pledge by the Authority of revenues as security for an issue of...§ 13-1120No member of the Authority nor any person executing the bonds of...§ 13-1121The Authority may issue bonds to refund any of its bonds then outstanding,...§ 13-1122The Authority may enter into agreements with agents, banks, insurers,...§ 13-1123The bonds of the Authority, their transfer, the interest payable...§ 13-1124In this section, "aggrieved person" means:________________________________________________________________________