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Session Laws, 1995
Volume 793, Page 2007   View pdf image
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PARRIS N. GLENDENING, Governor

Ch. 213

(C) AT THE REQUEST OF THE COMMISSIONER, TO THE EXTENT PERMITTED
BY APPLICABLE STATE OR FEDERAL LAW, EACH BANK HOLDING COMPANY THAT
CONTROLS A MARYLAND BANK OR A MARYLAND BANK HOLDING COMPANY SHALL
PROVIDE TO THE COMMISSIONER COPIES OF REPORTS OF EXAMINATION PREPARED
BY ANY BANK SUPERVISORY AGENCY IN CONNECTION WITH THE EXAMINATION OF
ANY MARYLAND BANK.

5-908.

THE COMMISSIONER MAY ENFORCE THE PROVISIONS OF THIS SUBTITLE BY
ANY APPROPRIATE ACTION IN THE CIRCUIT COURTS OF THE STATE. INCLUDING
ACTIONS FOR INJUNCTIVE RELIEF AND FOR DIVESTMENT.

5-909.

IN ORDER TO CARRY OUT THE PURPOSES OF THIS ARTICLE, THE
COMMISSIONER MAY:

(1) ADOPT REGULATIONS; AND

(2) ENTER INTO COOPERATIVE OR INFORMATION-SHARING
AGREEMENTS WITH ANY OTHER BANK SUPERVISORY AGENCY.

5-910.

IF ANY PROVISION OF THIS SUBTITLE OR THE APPLICATION THEREOF TO ANY
PERSON OR CIRCUMSTANCE IS HELD INVALID FOR ANY REASON IN A COURT OF
COMPETENT JURISDICTION, THE INVALIDITY DOES NOT AFFECT OTHER PROVISIONS
OR ANY OTHER APPLICATION OF THIS SUBTITLE THAT CAN BE GIVEN EFFECT
WITHOUT THE INVALID PROVISION OR APPLICATION.

SUBTITLE 10. BRANCH BANKING.
5-1001.

(A)     IN THIS SUBTITLE THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED.

(B)     "BANK" HAS THE MEANING STATED IN § 2(C) OF THE FEDERAL BANK
HOLDING COMPANY ACT.

(C)     "BANK SUPERVISORY AGENCY" MEANS:

(1)      THE OFFICE OF THE COMPTROLLER OF THE CURRENCY, THE
FEDERAL DEPOSIT INSURANCE CORPORATION, THE BOARD OF GOVERNORS OF THE
FEDERAL RESERVE SYSTEM, OR ANY SUCCESSOR TO THESE AGENCIES; OR

(2)      AN AGENCY OF ANOTHER STATE WITH PRIMARY RESPONSIBILITY
FOR CHARTERING AND SUPERVISING BANKS.

(D)     (1) "BRANCH" MEANS A BANK OFFICE OPEN TO THE PUBLIC AT WHICH
DEPOSITS ARE RECEIVED, CHECKS ARE PAID, OR MONEY IS LENT.

- 2007 -

 

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Session Laws, 1995
Volume 793, Page 2007   View pdf image
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