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Session Laws, 1935
Volume 579, Page 1041   View pdf image (33K)
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HARRY W. NICE, GOVERNOR. 1041

CHAPTER 494.

AN ACT to repeal and re-enact, with amendments, Section
56 of Article 11 of the Annotated Code of Maryland (1929
Supplement), title "Banks and Trust Companies, " sub-
title "General Regulations, " as said section was amended
by Chapter 294 of the Acts of 1931, relating to the forms
of reports to be submitted by banks and trust companies
to the Bank Commissioner.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Section 56 of Article 11 of the Annotated
Code of Maryland (1929 Supplement), title "Banks and
Trust Companies, " sub-title "General Regulations, " as said
section was amended by Chapter 294 of the Acts of 1981,
be and it is hereby repealed and re-enacted, with amend-
ments, to read as follows:

56. Every bank and trust company shall make to the
Bank Commissioner not less than three reports during
each calendar year, at such times as the said Bank Com-
missioner shall require the same, according to the forms
which he shall prescribe and furnish. Such forms shall
conform as nearly as practicable to the forms
required of banking institutions under the juris-
diction of the Federal authorities, including the
schedules. Such! reports shall be signed and verified
by the oath or affirmation of either the president, vice-
president, cashier or treasurer of such bank or trust com-
pany before a Notary Public or Justice of the Peace; if
before a Justice of the Peace, then such Justice shall be
certified to by the Clerk of the Circuit Court or of the
Superior Court of Baltimore City, as the case may be.
Such report shall exhibit in detail and under proper heads
the resources and liabilities of the bank or trust company
at the close of the business of any past day by the Bank
Commissioner specified, and shall be transmitted to said
Bank Commissioner within ten days after the receipt of
the request from him. Such reports shall be published in
a newspaper of the city or village or county where such
bank or trust company is located, in such condensed form
as may be prescribed by the Bank Commissioner. Proof
of said publication shall be furnished to the said Bank
Commissioner within fifteen days after the receipt of the
aforesaid call. At least once in each year every bank and
trust company shall report to the Bank Commissioner on
call by him a list of its stockholders, their residences and
the amount of stock held by each, which report shall be

 

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Session Laws, 1935
Volume 579, Page 1041   View pdf image (33K)
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