Ch. 326                                    1996 LAWS OF MARYLAND

(1)     The name of any debtor of a banking institution;

(2)     Any information about the private accounts with or transactions of a
banking institution;

(3)     Any information obtained in the course of examining a banking
institution; or

(4)     Any confidential information obtained from a federal banking authority.

(b)     This section does not apply to any information that a person discloses:

(1)     In performing a public duty to report on or take special action about the
business of a banking institution;

(2)     In testifying as a witness in a criminal proceeding; or

(3)     In informing any director or authorized officer, employee, or agent of a
banking institution under examination of the results of that examination.

(c)     (1) As provided in this subsection, the [Bank] Commissioner may give a
federal banking authority a copy of any examination of a banking institution, a copy of any
report made by the banking institution, and any other information that the [Bank]
Commissioner has about the banking institution.

(2)     The [Bank] Commissioner may give the Federal Deposit Insurance
Corporation information about a banking institution if:

(i) The institution is insured by the Corporation; or

(ii) The institution:

1.       Is applying for insurance from the Corporation; and

2.       Asks the [Bank] Commissioner to do so.

(3)     The [Bank] Commissioner may give the Federal Reserve Bank of
Richmond information about a banking institution if:

(i) The institution is a member of the Federal Reserve System; or

(ii) The institution:

1.       Is applying for membership in the System; and

2.       Asks the [Bank] Commissioner to do so.

(d)     Except as otherwise provided by law, all confidential information disclosed to
any person as permitted under this section:

(1)     Remains the property of the [ Bank] Commissioner; and

(2)     May not be further disclosed by that person without the written
permission of the [Bank] Commissioner.

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