HARRY HUGHES, Governor

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the association OR RELATED ENTITY that relate to the business of
the association OR RELATED ENTITY.

9-504. Confidentiality of Records.

(a)  Confidentiality required.

Except as provided in this section, the Division Director
and any authorized representative of the Division Director shall
keep confidential any information about a savings and loan
association and its business that is:

(1)  Obtained in an examination of or report by a
savings and loan association; or

(2)  Reported to the Division Director by a federal or
State regulatory or insuring agency.

(b)  Exception if duty requires disclosure.

This section does not apply to information disclosed:

(1)  In performing a public duty to report and take
official action about the business of a savings and loan
association;

(2)  As required by law; or

(3)  As collected general or statistical information
about associations.

(c)  Exception if in public interest.

If the Division Director considers it to be in the public
interest, [with the approval of the Board of Commissioners,] the
results of an examination of or report by a savings and loan
association may be published in a newspaper of general
circulation in any political subdivision where the association is
located or doing business.

(d)  Cooperative agencies excluded.

This section does not apply to a proper exchange of
information about a savings and loan association and its business
that is exchanged between the Division Director and the STATE OF
Maryland [Savings-Share] DEPOSIT Insurance FUND Corporation, the
Federal Home Loan Bank Board, the Federal Savings and Loan
Insurance Corporation, or any similar agency that regulates or
insures the business of savings and loan associations, THE
ATTORNEY GENERAL'S OFFICE, THE DEPARTMENT OF LICENSING AND
REGULATION, AND THE OFFICE OF THE GOVERNOR OF MARYLAND.

(E) STANDING COMMITTEES OF GENERAL ASSEMBLY.