Source: https://law.justia.com/codes/maryland/2013/article-gfi/section-1-305/
Timestamp: 2019-10-16 05:26:01
Document Index: 253649386

Matched Legal Cases: ['§ 1', '§ 1', '§ 1', '§ 1', '§1', '§ 1', '§ 1', '§ 1']

§ 1-305 - Penalties :: 2013 Maryland Code :: US Codes and Statutes :: US Law :: Justia
Justia US Law US Codes and Statutes Maryland Code 2013 Maryland Code FINANCIAL INSTITUTIONS § 1-305 - Penalties
§ 1-305 - Penalties
MD Fin Inst Code § 1-305 (2013) What's This?
§1-305.
(a) Any officer, employee, agent, or director of a fiduciary institution who knowingly and willfully discloses financial records in violation of this subtitle is guilty of a misdemeanor and on conviction is subject to a fine of not more than $1,000.
(b) Any person who knowingly and willfully induces or attempts to induce an officer, employee, agent, or director of a fiduciary institution to disclose financial records in violation of this subtitle is guilty of a misdemeanor and on conviction is subject to a fine of not more than $1,000.
(c) (1) Subsections (a) and (b) of this section do not apply in connection with an abuse report required under § 1-306(d) of this subtitle.
(2) A fiduciary institution that fails to file an abuse report concerning an elder adult as required under § 1-306(d) of this subtitle is subject to:
(i) A civil penalty not exceeding $1,000; or
(ii) If the failure to report is willful, a civil penalty not exceeding $5,000.
(3) The civil penalties provided under paragraph (2) of this subsection:
(i) May be recovered only in a civil action brought by the Attorney General against the fiduciary institution; and
(ii) Shall be paid by the fiduciary institution.
(4) A person who discloses information contained in an abuse report in violation of § 1-306(d)(4) of this subtitle is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $500.