PARRIS N. GLENDENING, Governor                             Ch. 326

(e) Any person who violates any provision of this section is guilty of a
misdemeanor and on conviction is subject to:

(1)     Forfeiture of the office or employment; and

(2)     A fine not exceeding $1,000 or imprisonment not exceeding 2 years or
both.

5-308.

A banking institution may not impose a service charge on any deposit if withdrawals
are restricted by law or by any rule or regulation of the [ Bank] Commissioner.

5-403.                                                                                                                    .

(a)     Except as provided in this section, or otherwise expressly provided by State
law, a banking institution may not have an affiliate.

(b)     If the [Bank] Commissioner, after receiving the advice of the Banking Board,
approves, a banking institution may have an affiliate that offers to the public a financial,
fiduciary, or insurance service.

(c)     On application of the banking institution, an affiliate shall be approved if:

(1)     The [ Bank] Commissioner determines that the approval is:

(i) Reasonably required to protect the welfare of the general economy
of this State and of the banking institution; and

(ii) Not detrimental to the public interest or to the banking institution;

(2)     The approval imposes the same conditions that federal law requires or
permits as to a national banking association; and

(3)     The transaction complies with the rules, regulations, and conditions that
the [Bank] Commissioner adopts.

5-404.

The [Bank] Commissioner has the same authority to examine the business of an
affiliate that the [ Bank] Commissioner has as to a banking institution.

5-405.                                                                                                             

(a)     Except as provided in this section, or otherwise expressly provided by State
law, a banking institution may not have a bank service corporation.               

(b)     If the [ Bank] Commissioner, after receiving the advice of the Banking Board,
approves, a banking institution may have a bank service corporation.

(c)     On application of the banking institution, a bank service corporation shall be
approved if:

(1) The [ Bank] Commissioner determines that approval is:

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