Md. Code, Financial Institutions § 6-403
This is the official text of Md. Code, Financial Institutions § 6-403, 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.
§6–403.
Official statutory text
(a) In this section, “examiner” means:
(1) The Commissioner; and
(2) An individual whom the Commissioner designates as examiner.
(b) An examiner shall visit each credit union and examine its business:
(1) At least once during each calendar year, unless the Commissioner determines that, during a calendar year, an examination is unnecessary, in which event an examination shall occur no less frequently than once every 18 months;
(2) When requested by the board or supervisory committee of the credit union; and
(3) At any other time that the Commissioner considers necessary.
(1) The Commissioner; and
(2) An individual whom the Commissioner designates as examiner.
(b) An examiner shall visit each credit union and examine its business:
(1) At least once during each calendar year, unless the Commissioner determines that, during a calendar year, an examination is unnecessary, in which event an examination shall occur no less frequently than once every 18 months;
(2) When requested by the board or supervisory committee of the credit union; and
(3) At any other time that the Commissioner considers necessary.
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.