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Session Laws, 1961
Volume 654, Page 204   View pdf image (33K)
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204                               Laws of Maryland                       [Ch. 205

ceedings before the Board, shall apply to any judge of the Supreme
Bench of Baltimore City or of the circuit court of any county, upon
proof by affidavit of the fact, for a rule or order returnable within
not less than two (2) nor more than five (5) days, directing such
person to show cause before the judge who made the order, or any
other judge of the same bench or circuit, why he should not be ad-
judged guilty of a contempt and punished as contempts are punish-
able by courts of record; upon the return of such order, the judge,
before whom the matter shall come on for a hearing, shall examine
under oath such person and such person shall be given an oppor-
tunity to be heard in his own defense; and if the judge shall de-
termine that such person has refused, without reasonable cause or
legal excuse, to be examined or to answer a legal or pertinent ques-
tion, or to produce a book, paper or other document which he was
ordered to produce, he may forthwith find the offender in contempt
of court.

(c) Required to testify. No person shall be excused from testifying
or from producing any books or papers or documents at any hearing
before the Board, when ordered to do so by the Board, upon the
ground that the testimony or evidence, books, papers or documents
required of him may tend to incriminate him or subject him to
penalty or forfeiture; but no person shall be prosecuted, punished
or subjected to any penalty or forfeiture for or on account of any
act, transaction, matter or thing concerning which he shall, under
oath, have, by order of the Board, testified to or produced docu-
mentary evidence relative thereto, provided, however, no person
shall be exempt from prosecution unless he shall first have asserted
his constitutional rights and privileges; and provided, however, that
no person so testifying shall be exempt from prosecution or punish-
ment for any perjury committed by him in his testimony.

161G. DEPARTMENT AND DIRECTOR.

(a)  Establishment, Appointment, Qualifications and Tenure. The
Department of Building, Savings and Loan Associations is hereby
established. The head of the Department, with general powers of
administration, shall be the Director, who shall be appointed by the
Governor as of the first day of July, 1961, and each sixth (6th) year
thereafter from the list of five (5) persons submitted to him by
the Board pursuant to Section 161E of this Article. Each of the
persons named on such list shall have at least five (5) years9 ex-
perience as an officer, director or attorney of an association chartered
or incorporated under the laws of the State of Maryland or as an
employee of the Department and each for at least the five (5)
previous years shall have been a resident and registered voter of
Maryland. The Director shall hold office for six (6) years and until
his successor shall have been duly appointed and qualified. The
Governor may remove the Director for official misconduct, incom-
petency or neglect of duty. Any vacancy in the office of Director
shall be filled by the Governor for the unexpired portion of the term
from a list of names of qualified persons as aforesaid, to be sub-
mitted pursuant to Section 161E hereof. The Director shall devote
his entire time to the duties of his office and shall be paid such sal-
ary as may be provided for in the budget.

(b)  Bond. The Director shall give bond to the State of Maryland
in the amount of twenty thousand dollars ($20,000.00) and in such


 

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Session Laws, 1961
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