clear space clear space clear space white space
A
 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
The Annotated Code of the Public General Laws of Maryland, 1914
Volume 373, Page 153   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

ART. 11] BANK COMMISSIONER. 153

assume jurisdiction over its property and business for final liquidation.
The said Bank Commissioner shall receive no additional compensation
for his service as receiver, but shall be allowed clerical, traveling and
legal expenses, subject to the court's order. He shall furnish such bond
as the court may require.

1914, ch. 805, sec. 11A.

11A. If in the opinion of the Bank Commissioner any banking
institution, and any of the officers, managers and trustees of any banking
institution, have violated any of the provisions of this or any law gov-
erning the same, he shall forthwith report such violation to the Governor

of the State, who may direct the Attorney-General to institute a proper
proceeding for the prosecution for such violation.

1910, ch. 219, sec. 14 (p. 9). 1914, ch. 805, sec. 14.
14. The Bank Commissioner, his deputy, attorney and every clerk or

examiner in his department shall be bound by oath to keep secret all the
facts and information obtained in the course of such examination, except
so far as the public duty of such officer requires him to report upon or
take special action regarding the affairs of any banking institution, and
except when called as a witness in any criminal proceeding or trial in
a Court of justice. If any Bank Commissioner, deputy, attorney, clerk

or examiner in such department shall disclose the name of any debtor
of any banking institution, or anything relative to the private accounts

or transactions of such institution, or shall disclose any fact discovered
in the course of his examination, except as herein provided, he shall be
subject, on conviction thereof, to forfeiture of his office, and to the pay-
ment of not more than one thousand dollars or imprisonment not more
than two years, or both.

1910, ch. 219, sec. 16 (p. 10). 1912, ch. 194. 1914, ch. 805, sec. 16.
16. The examination of banking institutions by the Bank Commis-
sioner shall be paid for by such institutions at the following rate for the
annual examination: When the aggregate assets of the institution are
fifty thousand dollars, or less, twenty dollars. When more than fifty
thousand dollars, but less than one hundred and fifty thousand dollars,
thirty dollars. When more than one hundred and fifty thousand dollars,
but less than two hundred and fifty thousand dollars, forty dollars.
When more than two hundred and fifty thousand, but less than five
hundred thousand dollars, fifty dollars. When more than five hundred
thousand, but less than one million, sixty dollars. When more than one
million, but less than three million, seventy-five dollars. When more
than three million, but less than six million, one hundred dollars. When
more than six millon, but less than ten million, one hundred and fifty
dollars. When more than ten million, but less than fifteen million, two
hundred dollars. When more than fifteen million, but less than twenty.
five million, two hundred and fifty dollars. When more than twenty

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
The Annotated Code of the Public General Laws of Maryland, 1914
Volume 373, Page 153   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


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 mdlegal@mdarchives.state.md.us.

©Copyright  October 06, 2023
Maryland State Archives