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§ 8-302. Division director

West's Annotated Code of MarylandFinancial InstitutionsEffective: July 1, 2019

West's Annotated Code of Maryland
Financial Institutions
Title 8. Savings and Loan Associations--Board of Commissioners and Division
Subtitle 3. Division of Savings and Loan Associations (Refs & Annos)
Effective: July 1, 2019
MD Code, Financial Institutions, § 8-302
§ 8-302. Division director
Currentness
Appointed by Secretary of Labor
(a) The Secretary of Labor shall appoint the Division Director with the approval of the Governor and the advice and consent of the Senate.
Serves at pleasure of Secretary
(b) The Division Director serves at the pleasure of the Secretary.
Experience in regulation or management of financial organizations
(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.
Salary provided in State budget
(d) The Division Director is entitled to the salary provided in the State budget.

Credits

Added by Acts 1980, c. 33, § 2, eff. July 1, 1980. Amended by Acts 1985, 2nd Sp. Sess., c. 6; Acts 1986, c. 282, § 1, eff. June 1, 1986; Acts 1995, c. 120, § 19, eff. July 1, 1995; Acts 2020, c. 628, § 5.
Formerly Art. 23, §§ 161E, 161G.
MD Code, Financial Institutions, § 8-302, MD FIN INST § 8-302
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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