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Session Laws, 1910 Session
Volume 487, Page 10   View pdf image (33K)
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10 LAWS OF MARYLAND.

Commissioner's office, shall become indebted to any banking
institution, or shall engage or be interested 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.

16. The examination of banking institutions by the Bank
Commissioner shall be paid for by such institutions at the fol-
lowing 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, but less than
two hundred thousand, forty dollars. When more than two
hundred thousand, but less than five hundred thousand, 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 ten million, one hundred dollars.
When more than ten million, but less than fifteen million, one
hundred and fifty dollars. When more than fifteen million,
but less than twenty-five million, two hundred dollars. When
more than twenty-five million, but less than forty million, two
hundred and twenty-five dollars. When more than forty mil-
lion, three hundred dollars. The Bank Commissioner shall col-
lect the amounts named from the institution examined and
pay the same to the State Treasurer, and he shall draw, on
proper orders, from the State Treasury, the amounts necessary
for the salaries and other expenses of his office.

17. The amount of two thousand five hundred dollars per
annum, or as much thereof as may be necessary, is hereby
appropriated out of the State Treasury from any funds avail-
able toward the salaries and expenses, including traveling ex-
penses, of the Bank Commissioner's office, if the amounts col-
lected from the several banking institutions should not be
sufficient for the said salaries and expenses.

18. Whenever any certified copy or copies of any records
or papers filed in the office of the Bank Commissioner shall
be lawfully required to be furnished by him, the Bank Com-
missioner shall be entitled to a fee of ten cents for each
folio for making such copy or copies, and fifty cents for each
certificate. All such fees are to be paid by the Bank Commis-
sioner into the State Treasury.

19. The Bank Commissioner shall make an annual report
to the Governor, covering the operations of his office, and
suggesting such amendments to this Act as in his judgment
may be desirable, on the tenth day of February in every year.

Banks.

20. Any number of persons, not less than five, citizens of


 

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Session Laws, 1910 Session
Volume 487, Page 10   View pdf image (33K)
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