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Session Laws, 1977
Volume 735, Page 2093   View pdf image
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2093
MARVIN MANDEL, Governor
248.
(E) (1) A MEMBER, OR THE FAMILY OF A MEMBER, MAY
NOT HAVE ANY CONNECTION WITH OR INTEREST IN ANY PROPERTY WHICH IS THE SUBJECT OF A HEARING BEFORE THE BOARD. A
(E) (1) ANY MEMBER WHO HAS ANY CONNECTION WITH OR INTEREST IN ANY PROPERTY WHICH IS THE SUBJECT OF A HEARING BEFORE THE BOARD OR WHOSE FAMILY HAS ANY CONNECTION WITH OR INTEREST IN ANY PROPERTY WHICH IS THE SUBJECT OF A HEARING BEFORE THE BOARD SHALL DISQUALIFY HIMSELF. A MEMBER MAY NOT HOLD ANY POSITION OR ENGAGE IN
ANY BUSINESS WHICH IS INCOMPATIBLE WITH THE DUTIES OF HIS
OFFICE. (2) A MEMBER, OR AN EMPLOYEE OF THE BOARD,
MAY NOT ACCEPT ANY PRESENT, GIFT, GRATUITY, OR
CONSIDERATION OF ANY KIND FROM ANY PERSON OR ENTITY
CONNECTED WITH ANY HEARING BEFORE THE BOARD.
(3)          A MEMBER, OR AN EMPLOYEE OF THE BOARD, MAY NOT DIVULGE TO ANY PERSON ANY FACT OR INFORMATION LEARNED DURING A HEARING BEFORE THE BOARD, OR IN THE COURSE OF EXAMINING THE RECORDS OF ANY PERSON OR ENTITY CONNECTED WITH A HEARING BEFORE THE BOARD, EXCEPT AS AUTHORIZED OR PERMITTED BY LAW. MAY NOT DIVULGE DATA SPECIFIED IN SECTION 45 (D) OF THIS ARTICLE OR DEVELOPED DURING A HEARING BEFORE THE BOARD, EXCEPT AS PROVIDED IN
SECTION 45 (D) OR OTHERWISE AUTHORIZED BY LAW. SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1977. Approved May 17, 1977.
CHAPTER 346
(Senate Bill 759)
AN ACT concerning Savings and Loan Associations - Voting Rights FOR the purpose of allowing the charter or bylaws of a
savings and loan association to restrict voting
control to members on a one vote per person basis. BY repealing and reenacting, with amendments, Article ? Corporations and Associations Section 6-219(b) Annotated Code of Maryland (1975 Volume and 1976 Supplement)


 
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Session Laws, 1977
Volume 735, Page 2093   View pdf image
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