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§ 2-107. Reporting requirements

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

West's Annotated Code of Maryland
Financial Institutions
Title 2. Commissioner and Boards
Subtitle 1. Commissioner of Financial Regulation (Refs & Annos)
Effective: July 1, 2019
MD Code, Financial Institutions, § 2-107
§ 2-107. Reporting requirements
Currentness
On or before December 31 of each year, the Commissioner shall submit to the Governor and, as provided under § 2-1257 of the State Government Article, the General Assembly an annual report that includes, at a minimum, the following information concerning the most recently completed fiscal year ending June 30:
(1) Operations of the office of the Commissioner;
(2) Amendments proposed by the Commissioner regarding the laws the Commissioner administers;
(3) Failures of licensed persons and State-chartered financial institutions;
(4) A summary of the composite ratings of banking institutions and State-chartered credit unions; and
(5) A breakdown by license category of the number of penalties assessed and instances of consumer recovery.

Credits

Added by Acts 2001, c. 226, § 1, eff. July 1, 2001. Amended by Acts 2019, c. 8, § 5.
MD Code, Financial Institutions, § 2-107, MD FIN INST § 2-107
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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