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§ 5-604. Notice of possession

West's Annotated Code of MarylandFinancial Institutions

West's Annotated Code of Maryland
Financial Institutions
Title 5. Banking Institutions--General Provisions
Subtitle 6. Reorganizations (Refs & Annos)
MD Code, Financial Institutions, § 5-604
§ 5-604. Notice of possession
Currentness
After the Commissioner takes possession of a banking institution, the Commissioner promptly shall give notice of that fact to:
(1) Each person who has any asset of the institution; and
(2) The general public, by notice published in an appropriate newspaper.

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, § 5-604, MD FIN INST § 5-604
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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