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Session Laws, 1980
Volume 739, Page 152   View pdf image
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152

LAWS OF MARYLAND

Ch. 33

(1)   THE FEDERAL DEPOSIT INSURANCE CORPORATION;

(2)   THE FEDERAL SAVINGS AND LOAN INSURANCE
CORPORATION;

(3)   THE FEDERAL HOME LOAN BANK BOARD;

(4) THE NATIONAL CREDIT UNION ADMINISTRATION;

(5)   THE FEDERAL RESERVE BOARD;

(6)   THE UNITED STATES COMPTROLLER OF THE
CURRENCY;

(7)   THE MARYLAND SAVINGS-SHARE INSURANCE
CORPORATION;

(8)   THE MARYLAND CREDIT UNION INSURANCE
CORPORATION;

(9)   THE BANK COMMISSIONER;

(10)   THE DIVISION OF SAVINGS AND LOAN
ASSOCIATIONS; OR

(11)   THE COMMISSIONER OF CONSUMER CREDIT.

REVISOR'S NOTE; This subsection presently appears as
Art. 11, § 224(a)(3).

Items (7) and (8) of this subsection are added to
correct what appears to be only an inadvertent
oversight in omitting these two insuring
agencies; certainly, the provisions of § 1—303 of
this subtitle should apply to these as well as
their federal counterparts already listed in this
section.

The only other changes are in style.

1-30 2. DISCLOSURE OF FINANCIAL RECORDS PROHIBITED.

EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN THIS
SUBTITLE, A FIDUCIARY INSTITUTION, ITS OFFICERS, AND ITS
EMPLOYEES MAY NOT DISCLOSE TO ANY PERSON ANY FINANCIAL
RECORD RELATING TO A CUSTOMER OF THE INSTITUTION UNLESS THE
CUSTOMER HAS AUTHORIZED THE DISCLOSURE TO THAT PERSON.

REVISOR'S NOTE: This section is new language derived
without substantive change from Art. 11, § 225.

A reference to the "officers" and "employees" of
a fiduciary institution is added to correspond to
the parallel reference in § 1-305 of this
subtitle.

 

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Session Laws, 1980
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