1564                                         LAWS OF MARYLAND                                     Ch. 113

(V) THE ASSETS OF THE VIOLATOR.
5-1005.

(A)  AN OUT-OF-STATE BANK HOLDING COMPANY THAT CONTROLS A
MARYLAND BANK, A MARYLAND BANK HOLDING COMPANY, OR AN
OUT-OF-STATE BANK HOLDING COMPANY HAVING A MARYLAND BANK
SUBSIDIARY SHALL BE SUBJECT TO THOSE LAWS OF THIS STATE AND TO
THE RULES OF ITS UNITS RELATING TO THE ACQUISITION, OWNERSHIP,
AND OPERATION OF MARYLAND BANKS AND MARYLAND BANK HOLDING
COMPANIES.

(B)  AN OUT-OF-STATE BANK HOLDING COMPANY THAT CONTROLS A
MARYLAND BANK, A MARYLAND BANK HOLDING COMPANY, OR AN
OUT-OF-STATE BANK HOLDING COMPANY HAVING A MARYLAND BANK
SUBSIDIARY SHALL:

(1)  FILE WITH THE COMMISSIONER COPIES OF ALL REGULAR
AND PERIODIC REPORTS THAT THE BANK HOLDING COMPANY IS REQUIRED TO
FILE UNDER SECTION 13 OR SECTION 15(D) OF THE SECURITIES EXCHANGE
ACT OF 1934, AS AMENDED, EXCLUDING ANY PORTIONS NOT REQUIRED TO
BE MADE AVAILABLE TO THE PUBLIC . ; AND

(2) FILE WITH THE COMMISSIONER ANY OTHER INFORMATION
THE COMMISSIONER SHALL REQUIRE BY REGULATION, INCLUDING, THE
ITEMS REQUIRED UNDER THE MINIMUM REPORTING STANDARDS SPECIFIED
UNDER SECTION 5-1007 (D) OF THIS SUBTITLE.

(C) THE COMMISSIONER SHALL PROMPTLY NOTIFY THE GENERAL

ASSEMBLY AS PROVIDED UNDER SECTION 2-1312 OF THE STATE GOVERNMENT
ARTICLE, AND THE DEPARTMENT OF FISCAL SERVICES OF ANY
OUT-OF-STATE BANK HOLDING COMPANY THAT CONTROLS A MARYLAND BANK,
A MARYLAND BANK HOLDING COMPANY, OR AN OUT-OF-STATE BANK HOLDING
COMPANY WISHING TO ACQUIRE OR HAVING ACQUIRED A MARYLAND BANK
SUBSIDIARY THAT FAILS TO, OR REFUSES TO, SUBMIT INFORMATION AS
REQUIRED IN THIS SECTION.

5-1006.

(A)  THE COMMISSIONER MAY ENTER INTO COOPERATIVE AGREEMENTS
WITH ANY OTHER BANK REGULATORY UNIT TO FACILITATE THE REGULATION
OF BANKS AND BANK HOLDING COMPANIES DOING BUSINESS IN THIS STATE.

(B)  THE COMMISSIONER MAY ACCEPT REPORTS OF EXAMINATIONS AND
OTHER RECORDS FROM ANY OTHER UNIT INSTEAD OF CONDUCTING ITS OWN
EXAMINATIONS OF BANKS CONTROLLED BY BANK HOLDING COMPANIES
LOCATED IN OTHER JURISDICTIONS.

(C)  THE COMMISSIONER MAY TAKE ANY ACTION JOINTLY WITH ANY
OTHER REGULATORY UNIT HAVING CONCURRENT JURISDICTION OVER BANKS
AND BANK HOLDING COMPANIES IN THIS STATE OR MAY TAKE ACTION
INDEPENDENTLY IN ORDER TO CARRY OUT THE RESPONSIBILITIES OF THE
COMMISSIONER.