WILLIAM DONALD SCHAEFER, Governor Ch. 384

(2) Any person who violates any provision of this section is subject to
forfeiture of that person's office or employment in addition to any other penalty
prescribed by law.

(e) (1) Subject to paragraph (2) of this subsection, nothing in this section may
be construed to affect any contractual obligation, including a savings account, in
existence before January 15, 1986.

(2) (i) All contractual obligations, including savings accounts, in
existence before January 15, 1986, and the corresponding dollar amounts shall be fully
disclosed to the Secretary of Licensing and Regulation.

(ii) The Secretary of Licensing and Regulation shall file each
disclosure with the State Ethics Commission.

(f) For a period of 2 years after termination of employment with the Division of
Savings and Loan Associations, if the Division Director or FORMER deputy division
director is employed by a Maryland savings and loan' association or becomes a director,
officer, attorney, or agent of a Maryland savings and loan association, that individual
may not:

(1) Represent, formally or informally, the association in any judicial,
administrative, or other proceeding in which:

(i) The Division of Savings and Loan Associations is a party; and

(ii) The former Division Director or FORMER deputy division
director substantially participated;

(2) Participate in any application submitted to the Division for the
Division's approval; or

(3) Attempt to influence, or make any oral or written communication, on
behalf of the association in any matter before the Division relating to the association in
which the individual participated personally and substantially as Division Director or
FORMER deputy division director.

8-310.

Subject to the evaluation and reestablishment provisions of the Program
Evaluation Act, the provisions of this subtitle relating to the [Board of Savings and
Loan Association Commissioners and the] Division of Savings and Loan Associations
and relating to the regulation of savings and loan associations are of no effect and may
not be enforced after July 1, 1992.

8-404.

Subject to the evaluation and reestablishment provisions of the Program
Evaluation Act, the provisions of this subtitle delating to the [Board of Saving and
Loan Association Commissioners and the] Division of Savings and Loan Associations
and relating to the regulations of savings and loan associations are of no effect and may
not be enforced after July 1, 1992.

- 1273 -