§ 5-603. Effect of possession by Commissioner
West's Annotated Code of MarylandFinancial Institutions
MD Code, Financial Institutions, § 5-603
§ 5-603. Effect of possession by Commissioner
As long as the Commissioner has possession of a banking institution, the property, records, and business of the institution are not subject to attachment, lien, execution, or distraint of any kind.
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, § 13.
MD Code, Financial Institutions, § 5-603, MD FIN INST § 5-603
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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