Md. Code, Financial Institutions § 2-107
This is the official text of Md. Code, Financial Institutions § 2-107, part of Maryland’s Code, Financial Institutions — regulates banks and lenders.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§2–107.
Official statutory text
On or before December 31 of each year, the Commissioner shall submit to the Governor and, as provided under § 2–1257 of the State Government Article, the General Assembly an annual report that includes, at a minimum, the following information concerning the most recently completed fiscal year ending June 30:
(1) Operations of the office of the Commissioner;
(2) Amendments proposed by the Commissioner regarding the laws the Commissioner administers;
(3) Failures of licensed persons and State–chartered financial institutions;
(4) A summary of the composite ratings of banking institutions and State–chartered credit unions; and
(5) A breakdown by license category of the number of penalties assessed and instances of consumer recovery.
(1) Operations of the office of the Commissioner;
(2) Amendments proposed by the Commissioner regarding the laws the Commissioner administers;
(3) Failures of licensed persons and State–chartered financial institutions;
(4) A summary of the composite ratings of banking institutions and State–chartered credit unions; and
(5) A breakdown by license category of the number of penalties assessed and instances of consumer recovery.
Status: in_force · Read it on the official government site
Need a lawyer in Maryland?
Find a Maryland lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.