Md. Code, Financial Institutions § 5-1010
This is the official text of Md. Code, Financial Institutions § 5-1010, part of Maryland’s Code, Financial Institutions — regulates banks and lenders.
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§5–1010.
Official statutory text
(a) Subject to § 5-1012 of this subtitle, if the Commissioner finds that a branch of an other-state bank in this State is being operated in an unsafe or unsound manner or there is any violation of Maryland law by the branch of the other-state bank, the Commissioner may undertake enforcement actions as otherwise authorized under provisions in this article governing banking institutions.
(b) The Commissioner may enter into joint enforcement actions with other bank supervisory agencies having concurrent jurisdiction over an other-state bank that has a branch in this State.
(b) The Commissioner may enter into joint enforcement actions with other bank supervisory agencies having concurrent jurisdiction over an other-state bank that has a branch in this State.
Status: in_force · Read it on the official government site
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