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Session Laws, 1997
Volume 795, Page 1745   View pdf image
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PARRIS N. GLENDENING, Governor Ch. 136

(2) THE REGULATION OR MANAGEMENT OF THE BUSINESS OF MAKING
LOANS BY PERSONS OF THE TYPE REGULATED BY THIS ARTICLE.

[(d)](C) The Deputy Commissioner is entitled to the salary provided in the State
budget.

[(e)](D) In addition to any other powers and duties set forth in this article, the
Deputy Commissioner has the powers and duties of the Commissioner:

(1) To the extent delegated by the Commissioner;

(2) If the office of the Commissioner is vacant; and

(3) If for any reason the Commissioner is unable to perform the duties of
the office.

2-202.

(a) The Banking Board consists of the following eight NINE members:

(1) The State Comptroller; and

(2) Seven EIGHT members appointed by the Governor, with the advice of
the Secretary of Labor, Licensing, and Regulation.

(b) (I) Of the seven EIGHT appointed members:

[(i) One shall represent the Baltimore Clearing House;

(ii) One shall represent the Associated Mutual Savings Banks of

Baltimore;

(iii) ] (I) [One] THREE shall represent the Maryland [State
Bankers'] BANKERS Association;

[(iv)] (II) One shall be an economist;

[(v)] (III) One shall be a certified public accountant; and

(IV) ONE SHALL REPRESENT CONSUMER INTERESTS; AND

[(vi)] (IV) (V) Two shall be public members.

(2) The Governor shall appoint the members under paragraph (1)(i)
[through (iii)] of this subsection from a list of qualified individuals submitted to the
Governor by the [organization to be represented] MARYLAND BANKERS
ASSOCIATION. The number of names on the list shall be AT LEAST three times the
number of vacancies.

(3) A member appointed under paragraph (1)[(iv)] (II) through [(vi)] (IV)
(V) of this subsection may not be employed by any banking institution.

(c) (1) The term of an appointed member is 6 years.

(2) The terms of members are staggered as required by the terms provided
for members of the Board on July 1, 1981.

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Session Laws, 1997
Volume 795, Page 1745   View pdf image
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