1056

LAWS OF MARYLAND

Ch. 282

(1)  THE DIVISION DIRECTOR, DEPUTY DIVISION DIRECTOR,
DIVISION STAFF, AND MEMBERS OF THE IMMEDIATE FAMILIES OF THE
DIVISION DIRECTOR, DEPUTY DIVISION DIRECTOR, AND DIVISION STAFF,
AS DEFINED IN ARTICLE 40A, SECTION 1-201(Q) OF THE CODE MAY NOT
BECOME INDEBTED TO ANY ASSOCIATION OR RELATED ENTITY THAT IS
SUBJECT TO THE JURISDICTION OF THE DIVISION DIRECTOR.

(2) ANY PERSON WHO VIOLATES ANY PROVISION OF THIS
SECTION IS SUBJECT TO FORFEITURE OF THAT PERSON'S OFFICE OR
EMPLOYMENT IN ADDITION TO ANY OTHER PENALTY PRESCRIBED BY LAW.

(E) EFFECT ON EXISTING ACCOUNTS.

(1) SUBJECT TO PARAGRAPH (2) OF THIS SUBSECTION,
NOTHING IN THIS SECTION MAY BE CONSTRUED TO AFFECT ANY
CONTRACTUAL OBLIGATION, INCLUDING A SAVINGS ACCOUNT, IN EXISTENCE
BEFORE JANUARY 15, 1986.

(2) (I) ALL CONTRACTUAL OBLIGATIONS, INCLUDING
SAVINGS ACCOUNTS, IN EXISTENCE BEFORE JANUARY 15, 1986, AND THE
CORRESPONDING DOLLAR AMOUNTS SHALL BE FULLY DISCLOSED TO THE
SECRETARY OF LICENSING AND REGULATION.

(II) THE SECRETARY OF LICENSING AND REGULATION
SHALL FILE EACH DISCLOSURE WITH THE STATE ETHICS COMMISSION.

(F) FOR A PERIOD OF 2 YEARS AFTER TERMINATION OF EMPLOYMENT
WITH THE DIVISION OF SAVINGS AND LOAN ASSOCIATIONS. IF THE
DIVISION DIRECTOR OR DEPUTY DIVISION DIRECTOR IS EMPLOYED BY A
MARYLAND SAVINGS AND LOAN ASSOCIATION OR BECOMES A DIRECTOR.
OFFICER, ATTORNEY, OR AGENT OF A MARYLAND SAVINGS AND LOAN
ASSOCIATION, THAT INDIVIDUAL MAY NOT:

(1) REPRESENT. FORMALLY OR INFORMALLY, THE
ASSOCIATION IN ANY JUDICIAL, ADMINISTRATIVE, OR OTHER PROCEEDING
IN WHICH:

(I) THE DIVISION OF SAVINGS AND LOAN
ASSOCIATIONS IS A PARTY: AND

(II) THE FORMER DIVISION DIRECTOR OR DEPUTY
DIVISION DIRECTOR SUBSTANTIALLY PARTICIPATED:

(2) PARTICIPATE IN ANY APPLICATION SUBMITTED TO THE
DIVISION FOR THE DIVISION'S APPROVAL; OR

(3) ATTEMPT TO INFLUENCE, OR MAKE ANY ORAL OR WRITTEN
COMMUNICATION, ON BEHALF OF THE ASSOCIATION IN ANY MATTER BEFORE
THE DIVISION RELATING TO THE ASSOCIATION IN WHICH THE INDIVIDUAL
PARTICIPATED PERSONALLY AND SUBSTANTIALLY AS DIVISION DIRECTOR
OR DEPUTY DIVISION DIRECTOR.

8-308. SUBPOENA POWERS; OATHS.

AFTER NOTIFYING THE SECRETARY, THE DIVISION DIRECTOR MAY: