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§ 5-907. Reporting requirements

West's Annotated Code of MarylandFinancial Institutions

West's Annotated Code of Maryland
Financial Institutions
Title 5. Banking Institutions--General Provisions
Subtitle 9. Bank Holding Companies (Refs & Annos)
MD Code, Financial Institutions, § 5-907
§ 5-907. Reporting requirements
Currentness
In general
(a) To the extent specified by the Commissioner by regulation or written request, each bank holding company that controls a Maryland bank or a Maryland bank holding company shall submit to the Commissioner:
(1) Copies of reports filed for the preceding calendar year with a bank supervisory agency by each Maryland bank controlled by the bank holding company; and
(2) A report specifying as of the end of the preceding calendar year, for each branch of each Maryland bank controlled by the bank holding company:
(i) The location; and
(ii) The amount of deposits held.
Nature of reports
(b) The reports specified in subsection (a) of this section:
(1) May consist of a copy of a report filed with another bank supervisory agency that contains substantially similar information; and
(2) May not be requested by the Commissioner unless the Commissioner determines that the information is not available from another bank supervisory agency.
Copies of reports of examination
(c) At the request of the Commissioner, to the extent permitted by applicable State or federal law, each bank holding company that controls a Maryland bank or a Maryland bank holding company shall provide to the Commissioner copies of reports of examination prepared by any bank supervisory agency in connection with the examination of any Maryland bank.

Credits

Added by Acts 1995, c. 213, § 2, eff. Sept. 29, 1995.
MD Code, Financial Institutions, § 5-907, MD FIN INST § 5-907
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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