|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PARRIS N. GLENDENING, Governor S.B. 830
2-113.
|
|
|
|
|
|
|
|
|
|
(A) IN THIS SECTION, "AFFILIATE" HAS THE MEANING STATED IN § 5-401(B) OF
THIS ARTICLE.
(A) (B) EXCEPT AS PROVIDED IN SUBSECTION (D) OF THIS SECTION, THE
INVESTIGATIVE AND ENFORCEMENT POWERS OF THE COMMISSIONER AUTHORIZED
UNDER THIS SUBTITLE ARE IN ADDITION TO ANY INVESTIGATIVE OR ENFORCEMENT
POWERS OF THE COMMISSIONER AUTHORIZED UNDER ANY OTHER PROVISION OF
LAW.
(B) (C) BEGINNING IN FISCAL YEAR 2001, THE GOVERNOR SHALL
APPROPRIATE IN THE STATE BUDGET IN EACH FISCAL YEAR TO THE DIVISION. OF
FINANCIAL REGULATION TO FUND FUNDING FOR THE POSITIONS NECESSARY TO
IMPLEMENT THE INVESTIGATIVE AND ENFORCEMENT POWERS AUTHORIZED UNDER
THIS SUBTITLE.
(D) THE PROVISIONS OF §§ 2-114 THROUGH 2-116, INCLUSIVE, OF THIS
SUBTITLE DO NOT APPLY TO:
(1) ANY BANK, TRUST COMPANY, SAVINGS BANK, SAVINGS AND LOAN
ASSOCIATION, OR CREDIT UNION INCORPORATED OR CHARTERED UNDER THE LAWS
OF THIS STATE OR THE UNITED STATES THAT MAINTAINS ITS PRINCIPAL OFFICE IN
THIS STATE;
(2) ANY OUT-OF-STATE BANK, AS DEFINED IN § 5-1001 OF THIS ARTICLE,
HAVING A BRANCH THAT ACCEPTS DEPOSITS IN THIS STATE;
(3) ANY INSTITUTION INCORPORATED UNDER FEDERAL LAW AS A
SAVINGS ASSOCIATION OR SAVINGS BANK THAT DOES NOT MAINTAIN ITS PRINCIPAL
OFFICE IN THIS STATE BUT HAS A BRANCH THAT ACCEPTS DEPOSITS IN THIS STATE:
OR
(4) AN AFFILIATE OF AN INSTITUTION DESCRIBED IN PARAGRAPH (1), (2),
OR (3) OF THIS SUBSECTION.
2-114.
(A) THE COMMISSIONER MAY:
(1) MAKE PUBLIC OR PRIVATE INVESTIGATIONS WITHIN OR OUTSIDE OF
THIS STATE AS THE COMMISSIONER CONSIDERS NECESSARY TO:
(I) DETERMINE WHETHER A PERSON HAS VIOLATED OR IS ABOUT
TO VIOLATE A PROVISION OF LAW, REGULATION, RULE, OR ORDER OVER WHICH THE
COMMISSIONER HAS JURISDICTION; OR
(II) AID IN THE ENFORCEMENT OF A LAW OR IN THE PRESCRIBING
OF REGULATIONS, RULES, AND ORDERS OVER WHICH THE COMMISSIONER HAS
JURISDICTION;
|
|
|
|
|
|
|
|
|
|
- 4183 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
