Md. Code, Financial Institutions § 2-110
This is the official text of Md. Code, Financial Institutions § 2-110, part of Maryland’s Code, Financial Institutions — regulates banks and lenders.
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§2–110.
Official statutory text
(a) The Commissioner and the Deputy Commissioners appointed under § 2–103 of this subtitle shall devote full time to their duties.
(b) The Commissioner and the Deputy Commissioners appointed under § 2–103 of this subtitle may not:
(1) Be an officer or director of any State banking institution or national banking association, or in any entity engaged in the business of making loans; or
(2) Engage in any other business relating to banks and financial institutions or lending.
(b) The Commissioner and the Deputy Commissioners appointed under § 2–103 of this subtitle may not:
(1) Be an officer or director of any State banking institution or national banking association, or in any entity engaged in the business of making loans; or
(2) Engage in any other business relating to banks and financial institutions or lending.
Status: in_force · Read it on the official government site
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