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§ 5-202. Examination of bank employees

West's Annotated Code of MarylandFinancial Institutions

West's Annotated Code of Maryland
Financial Institutions
Title 5. Banking Institutions--General Provisions
Subtitle 2. Examinations and Reports (Refs & Annos)
MD Code, Financial Institutions, § 5-202
§ 5-202. Examination of bank employees
Currentness
In general
(a) The Commissioner or deputy Commissioner may:
(1) Summon any officer, manager, trustee, employee, or agent of any banking institution and any other witness that the Commissioner thinks proper;
(2) Administer an oath to that person; and
(3) Question that person about the affairs of the institution.
Powers of Commissioner or deputy Commissioner
(b) The Commissioner or deputy Commissioner may not delegate the powers granted by subsection (a) of this section.
Obstruction of duties or refusal to cooperate
(c)(1) A person may not:
(i) Obstruct the Commissioner or any person acting for the Commissioner in the performance of the duties of the Commissioner; or
(ii) Refuse to appear or testify without good cause when summoned under this section.
(2) Any person who violates any provision of this subsection is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $1,000 or imprisonment not exceeding 1 year or both.

Credits

Added by Acts 1980, c. 33, § 2, eff. July 1, 1980. Amended by Acts 1996, c. 326, § 2, eff. July 1, 1996.
Formerly Art. 11, § 8.
MD Code, Financial Institutions, § 5-202, MD FIN INST § 5-202
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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