Md. Code, Financial Institutions § 5-804
This is the official text of Md. Code, Financial Institutions § 5-804, part of Maryland’s Code, Financial Institutions — regulates banks and lenders.
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§5–804.
Official statutory text
(a) An officer or employee of a banking institution may not accept a deposit knowing that the institution is insolvent.
(b) An officer or employee who violates any provision of this section is guilty of a misdemeanor and on conviction is subject to imprisonment in the State Penitentiary for a period not exceeding 3 years.
(b) An officer or employee who violates any provision of this section is guilty of a misdemeanor and on conviction is subject to imprisonment in the State Penitentiary for a period not exceeding 3 years.
Status: in_force · Read it on the official government site
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