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1935 Cumulative Supplement to the Annotated Code of the Public General Laws of Maryland
Volume 378, Page 121   View pdf image (33K)
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BANKS AND TRUST COMPANIES. 121

authorized so to do as above provided, to limit withdrawals from such
deposit over a period of time and in accordance with such plan as may
have been agreed to by the other depositors of said bank.

An. Code, 1924, sec. 11, 1932, sec. 11A. 1914, ch. 805, sec. 11A. 1931. ch. 204.. sec. 11.

11. If in the opinion of the Bank Commissioner any banking institu-
tion, and any of the officers, managers and trustees of any banking institu-
tion, have violated any of the provisions of this or any law governing the
same, he may 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.

13.

Cited but not construed in State v. Page. 163 Md. 512.

14.

This section referred to in construing sec. 59. State v. Page, 163 Md. 511, 515.

An. Code, 1924, sec. 35. 1912, sec. 35. 1910, ch. 219, sec. 15 (p. 9).
1931, ch. 294, sec. 15.

15. Neither the Bank Commissioner, Deputy Bank Commissioner nor
any of the Clerks in the employ of the Bank Commissioner's office, shall
become indebted to any banking institution, or other institution subject
to the jurisdiction of the Bank Commissioner, or shall engage or be inter-
ested in the sale of securities or in the negotiation of loans for others, to
or with any banking institution under penalty of forfeiture of his office or
employment.

An. Code, 1924, sec. 16. 1912, sec. 16. 1910, ch. 219, sec. 16 (p. 10). 1912. ch. 194.
1914, ch. 805. sec. 16. 1920, ch. 268, sec. 16. 1935, ch. 493.

16. The examination of banking institutions by the Bank Commis-
sioner shall be paid for by such institutions at the following rate for
the semi-annual examination: A charge of Thirty-Five Dollars ($35. 00)
for each examination shall be made in all cases, to which shall be added,
after first deducting the sum of Twenty-Five Thousand Dollars ($25, -
000. 00) from the total assets of the institution so examined, three cents
(3c) per thousand of such remaining total assets the institution ex-
amined may have. When it becomes necessary for the Bank Commis-
sioner to extend his examination beyond the principal office or building,
he shall be paid in addition therefor in each case fees at the above
rates, except in such cases where further examination is made in the
same town or city, when he shall be paid a per diem fee of not more than
$15. 00; when such institutions require a special or unusual examination
by the Bank Commissioner, he may be paid a per diem fee of $5. 00
where it is necessary for him to count securities beyond the principal office
or building. The Bank Commissioner shall collect the amounts named
from the institution examined and pay the same to the State Treasurer,


 

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1935 Cumulative Supplement to the Annotated Code of the Public General Laws of Maryland
Volume 378, Page 121   View pdf image (33K)
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