Md. Code Ann., Fin. Inst. § 5-208
Civil penalty for violations
Effective Oct 1, 2008Added by Acts 1980, c. 33, § 2, eff. July 1, 1980. Amended by Acts 1995, c. 213, § 2, eff. Sept. 29, 1995; Acts 1996, c. 326, § 2, eff. July 1, 1996; Acts 2008, c. 89, § 1, eff. Oct. 1, 2008.State of Maryland
- (a) If a banking institution or an other-state bank fails to make any report or submit proof of publication as required by this article, the banking institution or other-state bank is subject, in the discretion of the Commissioner, to a civil penalty not exceeding $500 for each day that the report or proof is overdue.
- (b) The Commissioner may institute proceedings to enforce this section.
Added by Acts 1980, c. 33, § 2, eff. July 1, 1980. Amended by Acts 1995, c. 213, § 2, eff. Sept. 29, 1995; Acts 1996, c. 326, § 2, eff. July 1, 1996; Acts 2008, c. 89, § 1, eff. Oct. 1, 2008.
Formerly Art. 11, § 74.