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§ 5-809. Injunctions

West's Annotated Code of MarylandFinancial Institutions

West's Annotated Code of Maryland
Financial Institutions
Title 5. Banking Institutions--General Provisions
Subtitle 8. Prohibited Activities; Penalties (Refs & Annos)
MD Code, Financial Institutions, § 5-809
§ 5-809. Injunctions
Currentness
On application by the Commissioner, a court of competent jurisdiction may issue an injunction to restrain a banking institution from:
(1) An unsafe or unsound banking practice;
(2) A practice that is injurious to the public interest; or
(3) A violation of a law, rule, or regulation that relates to the Commissioner's supervision of the institution.

Credits

Added by Acts 1981, c. 754, § 1, eff. July 1, 1981. Amended by Acts 1996, c. 326, § 2, eff. July 1, 1996.
MD Code, Financial Institutions, § 5-809, MD FIN INST § 5-809
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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