clear space clear space clear space white space
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Maryland Manual, 1996-97
Volume 187, Page 424   View pdf image (33K)
 Jump to  
clear space clear space clear space white space

Myron H Diehl, Jr , ChiefBoiler Inspector
(410) 333-4160

The Boiler and Pressure Vessel Safety Inspection unit
inspects boilers and pressure vessels used in commercial
establishments, places of public gathering, and apart
ment buildings with six or more units (Code 1957, Art
48,secs 167-180A) The unit ensures the safe operation
of those boilers and pressure vessels by performing
periodic inspections and by close monitoring of all repair
work Any boiler or pressure vessel to be installed in
Maryland must be built to a standardized nationwide
construction code, the American Society of Mechanical
Engineers (ASME) Bwlerand Pressure Vessel Code


Francis X Duggan, Acting Chair, 2000
(410) 333 4184

The Board of Boiler Rules was established m
1920 (Chapter 676, Acts of 1920) The Board
formulates definitions, rules, and regulations for
the safe construction, use, installation, mainte-
nance, repair, and inspection of boilers and pressure
vessels for sale or for use in Maryland
The Board has ten members Nine are appointed
to four year terms by the Governor with the advice
of the Secretary of Labor, Licensing, and Regula
tion and Senate advice and consent One serves ex
officio as a nonvotmg member With the advice of
the Secretary, the Governor names the chair
Authorization for the Board continues until July 1,
2003 (Code 1957, Art 48, sees 167 180A)


Nancy Erwin, Asststant Secretary
for Regulatory Policy & Programs
(410) 333-4181
In 1995, Regulatory Policy and Programs was
formed to oversee three divisions Financial Regulation,
Occupational and Professional Licensing, and Racing


H Robert Hergenroeder, Jr , Commissioner
of Financial Regulation

501 St Paul Place
Baltimore, MD 21202—2272 (410) 333-6808

The Division of Financial Regulation began in
1980 The Division regulates banking and con
sumer credit It supervises the operation of banks,
credit unions, consumer loan companies, sales fi-

nance companies, mortgage companies, and collec
tion agencies

In Maryland, banking regulation began when the
office of the State Bank Commissioner was created in
1910 (Chapter 219, Acts of 1910) Functions of that
office became the responsibility of the Commissioner
of Financial Regulation in 1996
The Commissioner's office has general supervi
sion over all banking institutions in the State except
national banks It must examine each institution at
least once every calendar year, at such other times
as the Commissioner deems expedient, and at any
time upon request of the board of directors of the
institution These examinations may be made in
conjunction with federal regulatory agencies
Every bank, trust company, and mutual savings
bank is required to submit under oath to the Corn
rmssioner of Financial Regulation at least two reports
in each calendar year The reports must exhibit in
detail the resources and liabilities of the institution
Ail new State banking institutions must incorporate
under the supervision of the Commissioner ofFinan
cial Regulation and must obtain a certificate before
opening for business The Commissioner must ap
prove all applications for a branch office made by a State
bank, trust company, or mutual savings bank, and must
pass upon all amendments to their charters as well as
the establishment of affiliates and subsidiaries The
Commissioner also must approve mergers or voluntary
liquidations and acquisitions of State chartered banks
On June 30 of each year, the Commissioner submits a
wntten report to the Governor (Code Financial Insn
radons Article, sees 2-101 through 5 1007)
Under the Credit Union Law, any seven or more
Maryland residents sharing common occupational,
residential or social experiences or characteristics
may act as incorporators to form a credit union and
apply to the Commissioner of Financial Regulation
for permission to organize
The Commissioner of Financial Regulation su
pervises all State-chartered credit unions and is
required to examine these institutions at least once
each year All credit unions must report annually to
the Commissioner (Code Financial Institutions Ar
tide, sees 6-101 through 6 704)
State-chartered credit unions may be insured by
the National Credit Union Administration or the
Credit Union Insurance Corporation (Chapter 658,
Acts of 1973) The Commissioner of Financial Regu
lation must certify to the Corporation a credit union's
financial affairs, solvency, management, and director
ship as being approved for insurance of its members'
shares and deposit accounts (Code Financial Institu-
tions Article, sees 7-101 through 7-117)
The Sellers of Money Orders and Traveler's
Checks Law requires the Commissioner of Fman
cial Regulation to supervise and regulate persons



clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Maryland Manual, 1996-97
Volume 187, Page 424   View pdf image (33K)
 Jump to  

This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.

Tell Us What You Think About the Maryland State Archives Website!

An Archives of Maryland electronic publication.
For information contact

©Copyright  October 06, 2023
Maryland State Archives