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Md. Code, Financial Institutions § 8-302

This is the official text of Md. Code, Financial Institutions § 8-302, part of Maryland’s Code, Financial Institutions — regulates banks and lenders.

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§8–302.

Official statutory text

(a) The Secretary of Labor shall appoint the Division Director with the approval of the Governor and the advice and consent of the Senate.

(b) The Division Director serves at the pleasure of the Secretary.

(c) The Division Director shall have experience in State or national regulation or management of financial organizations, which may include service as a bank or savings and loan association director or officer.

(d) The Division Director is entitled to the salary provided in the State budget.

Status: in_force · Read it on the official government site

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